consulate general of india perth india bulletin · hyundai plans to boost digital presence in india...

13
INDIA BULLETIN | Consulate General of India, Perth Indian Economy: Narendra Modi UNGA address: Single-use plastic-global warming to terrorism-peace Prime Minister Narendra Modi addressed the UN General Assembly referring to schemes implemented by his government & projects that his administration plans to undertake. It includes protecting the climate, fighting terrorism, maintaining global peace and helping the marginalized. PM spoke about the initiatives undertaken to improve health in the country and major drive to end the use of single-use plastic. Read More: https://www.indiatoday.in/india/story/narendra-modi- united-nations-general-assembly-address-highlights- 1604006-2019-09-27 PM Narendra Modi receives Global Goalkeeper Award for Swachh Bharat Mission, dedicates it to Indians Prime Minister Narendra Modi received the 2019 Global Goalkeeper Award for Swachh Bharat Mission from Bill and Melinda Gates Foundation. Narendra Modi dedicated this award to the 130 crore Indians who transformed the Swachh Bharat campaign into a "people's movement". Read More: https://www.livemint.com/news/india/pm-narendra-modi- receives-global-goalkeeper-award-for-swachh-bharat- mission-dedicates-it-to-130-cr-indians- 1569377162898.html Consulate General of India Perth INDIA BULLETIN SEPTEMBER 2019

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Page 1: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

Indian Economy

Narendra Modi UNGA address Single-use plastic-global warming to terrorism-peace

Prime Minister Narendra Modi addressed the UN General Assembly referring to schemes implemented by his government amp projects that his administration plans to undertake It includes protecting the climate fighting terrorism maintaining global peace and helping the marginalized PM spoke about the initiatives undertaken to improve health in the country and major drive to end the use of single-use plastic

Read More

httpswwwindiatodayinindiastorynarendra-modi-

united-nations-general-assembly-address-highlights-

1604006-2019-09-27

PM Narendra Modi receives Global Goalkeeper Award for Swachh Bharat Mission dedicates it to Indians

Prime Minister Narendra Modi received the 2019 Global Goalkeeper Award for Swachh Bharat Mission from Bill and Melinda Gates Foundation Narendra Modi dedicated this award to the 130 crore Indians who transformed the Swachh Bharat campaign into a peoples movement

Read More

httpswwwlivemintcomnewsindiapm-narendra-modi-

receives-global-goalkeeper-award-for-swachh-bharat-

mission-dedicates-it-to-130-cr-indians-

1569377162898html

Consulate General of India

Perth

INDIA BULLETIN SEPTEMBER 2019

INDIA BULLETIN | Consulate General of India Perth

Weve capability courage and conditions to achieve target $5 trillion economy PM Modi

Speaking at the Bloomberg Global Business Forum held in New York Modi said that India has the capability courage amp conditions that are required to achieve the target of $5 trillion economy The Prime Minister added that $1 trillion has been added to economy in 5 years and the target is to make the country a $5 trillion economy by 2024-25

Read More

httpstimesofindiaindiatimescombusinessindia-

businesswe-have-the-capability-courage-and-conditions-

to-achieve-the-target-of-5-trillion-economy-pm-

modiarticleshow71296816cms

FDI jumps 28 to $16 billion in Q1FY20

Foreign direct investment into India grew by 28 per cent to USD 1633 billion during the first quarter of the current fiscal according to government data Sectors which attracted maximum foreign inflows during April-June 2019-20 include services (USD 28 billion) computer software and hardware (USD 224 billion) telecommunications (USD 422 billion) and trading (USD 113 billion)

Read More

httpseconomictimesindiatimescommarketsstocksnew

sfdi-jumps-28-to-16-billion-in-

q1fy20articleshow70991881cmsfrom=mdr

Indias corporate tax rate is now among the lowest globally

India is now among the countries that have a low corporate tax rate Indiarsquos statutory rate for corporate tax is 22 per cent now Manufacturing companies incorporated after 1 October 2019 will have the benefit of an even lower rate of 15 per cent (effective tax rate of 1701 per cent)

Read More

httpswwwthehindubusinesslinecomeconomyindias-

corporate-tax-rate-is-now-among-the-lowest-

globallyarticle29468566ece

Mergers and Acquisitions activity records 70 growth in 2018 Study

Mergers and Acquisitions (MampA) activities in India has been buoyant from 2015 to 2019 with a steady pipeline of more than 3600 deals with an aggregate value of more than $310 billion according to a study

Read More

httpswwwthehindubusinesslinecomcompaniesmergers

-and-acquisitions-activity-records-70-growth-in-2018-

studyarticle29520189ece

INDIA BULLETIN | Consulate General of India Perth

PEVC investments climb to an all-time high of $367 bn in January-August

Private equity (PE) and venture capital (VC) investments into India touched an all-time high of $367 billion in the first eight months of 2019 surpassing the previous record of $365 billion in 2018 according to a report by the Indian Private Equity and Venture Capital Association and consulting firm EY

Read More

httpswwwlivemintcomcompaniesstart-upspe-vc-

investments-climb-to-an-all-time-high-of-36-7-bn-in-

january-august-1568135719273html

Indian diaspora at 175 million is the largest in the world says UN study

The count of the Indian disapora has increased 10 from 159 million in 2015 making it the largest in the world according to the UNrsquos International Migrant Stock 2019 The United Arab Emirates was the top destination of Indian migrants followed by the US Saudi Arabia Pakistan and Oman

Read More

httpswwwlivemintcomnewsindiaindian-diaspora-at-

17-5-million-is-the-largest-in-the-world-says-un-study-

1568875186472html

Healthcare

Universal Health for all a disease-free India and global standards of excellence in healthcare is our aim for a new India

Universal Health for all a disease-free India and global standards of excellence in healthcare is our aim for a new India announced the Health Minister Dr Harsh Vardhan at the 72nd World Health Organization (WHO) Regional Committee for South-East Asia

Read More

httpsswachhindiandtvcomdisease-free-india-health-

minister-harsh-vardhan-who-regional-meet-37672

India to contribute $22 million to Global Fund for AIDS TB and Malaria

India has announced a contribution of $22 million to the Global Fund for AIDS TB and Malaria (GFTAM) for the 6th replenishment cycle (2020-22) The Global Fund is a partnership designed to accelerate the end of AIDS tuberculosis and malaria As an international organization the Global Fund mobilizes and invests more than $4 billion a year to support programs run by local experts in more than 100 countries

Read More

httpsindianexpresscomarticleindiaindia-to-contribute-

22-million-to-global-fund-for-aids-tb-and-malaria-

5964091

INDIA BULLETIN | Consulate General of India Perth

Sectors Companies

Centre to invest US$ 357 billion in fisheries

in 3-5 years

As part of the ambitious Blue Revolution project the Union government has lined up ₹25000

crore to invest in different segments of the

fisheries sector in the next three to five years

Read More

httpswwwthehindubusinesslinecommarketscommoditi

escentre-to-invest-25000-cr-in-fisheries-in-3-5-

yearsarticle29329285ece

With more than 7000 start-ups Delhi-NCR

emerges as Indias unicorn hub

Delhi-NCR has over 7000 start-ups 10

Unicorns and a cumulative valuation of US$50

billion Delhi-NCR will become one of the Top 5 Global Start-up hubs with 12000 start-ups 30

unicorns and cumulative valuation of about US$150 billion by 2025 Bengaluru has US$ 32-

37 bn Mumbai has US$ 10-12 bn

Read More

httpswwwbusinesstodayincurrentcorporatedelhi-ncr-

is-a-bigger-start-up-hubstory378304html

Warburg Pincus may buy Andhra Banks

205 stake in IndiaFirst says report

Warburg Pincus is in talks to buy a 205 per cent

stake in IndiaFirst Life Insurance from Andhra Bank Andhra Bank is looking to sell a partial

stake in the companyrdquo a person familiar with the deal was quoted as saying in the report The deal

if finalized will help Andhra Bank earn up to Rs 700 crore (US$ 10016 million) said sources who

were quoted in the report

Read More

httpswwwbusiness-

standardcomarticlecompanieswarburg-pincus-may-buy-

andhra-bank-s-20-5-stake-in-indiafirst-says-report-

119091600419_1html

Mother Dairy to recycle 832 tonnes of plastic

by March 2020

Mother Dairy a leading milk supplier in Delhi-

NCR said it will recycle 832 tonnes of plastic by March next year as part of its efforts to protect

environment Mother Dairy with the help of a Producer Responsibility Organization (PRO) has

collected and recycled around 1073 tonnes of

plastic waste till May 2019

Read More

httpswwwibeforgnewsmother-dairy-to-recycle-832-

tonnes-of-plastic-by-march-2020

INDIA BULLETIN | Consulate General of India Perth

OYO raises $1 bn from investors led by

Softbank firm now valued at $5 bn

Indian hospitality start-up OYO has raised a

massive $1 billion (Rs 7263 billion) from four

existing investors led by SoftBank The latest fundraising is estimated to value OYO which

operates in the budget hospitality space at around $5 billion (Rs 363 billion) a five-fold

increase since September last year when the last funding round took place OYO was not even a

unicorn (a start-up valued at $1 billion and

above) before this funding round

Read More

httpswwwbusiness-standardcomarticlecompaniesoyo-

raises-1-bn-from-investors-led-by-softbank-start-up-

valued-at-5-bn-118092500381_1html

12 Indian companies in Sustainability Index

of Dow

A dozen Indian companies have made it to the

Dow Jones Sustainability Index (DJSI) 2019 up

from 10 firms last year The DJSI assesses companies on corporate governance

environmental and social performance and sustainable business practices The companies

include Mahindra amp Mahindra Tata Motors Glenmark Havells India MampM Financial

services Godrej Consumer Products Hindalco Industries Tata Steel Infosys Tech Mahindra

and Wipro made it to the DJSI Emerging Markets

2019 Index

Read More

httpstimesofindiaindiatimescombusinessindia-

businessdow-jones-sustainability-index-now-has-12-desi-

cosarticleshow71301447cms

Lockheed to begin supplying F-16 wings from

Indian plant in 2020

Lockheed is bidding for a contract estimated at

more than $15 billion to supply the Indian Air Force with 114 combat planes and has offered to

shift its F-16 production line from the United States to India It plans to build an upgraded

version of the aircraft which it calls F-21 The

wings of all future F-16s that the company will sell worldwide will be produced in a joint venture

with Indiarsquos Tata Advanced Systems in the

southern city of Hyderabad

Read More

httpswwwreuterscomarticleus-lockheed-

indialockheed-to-begin-supplying-f-16-wings-from-

indian-plant-in-2020-idUSKBN1WB1W5

OnePlus expects to start manufacturing TVs

in India by early next year

OnePlus is currently in discussions for

partnering an OEM for local manufacturing in India India is the first market where OnePlus is

bringing its smart television

Read More

httpswwwlivemintcomtechnologytech-newsoneplus-

expects-to-start-manufacturing-tvs-in-india-by-early-next-

year-1569547430983html

INDIA BULLETIN | Consulate General of India Perth

Automobile

Hyundai plans to boost digital presence in

India to tap new age customers

South Korean auto major Hyundai is looking to

enhance digital presence in India so that its online channel can function as a key customer

acquisition point while running parallel to its

existing offline sales network

Read More

httpswwwbusiness-standardcomarticlepti-

storieshyundai-to-rev-up-digital-presence-to-tap-new-age-

customers-119090100371_1html

Honda Cars ties up with Orix to launch car

leasing service in India

Honda Cars India Ltd signed a lease with car renting company Orix with many benefits to

customers like comprehensive insurance plans maintenance packages tax management and

curated rentals

Read More

httpswwwnews18comnewsautohonda-cars-india-

announces-tie-up-with-orix-for-car-leasing-services-

2305265html

Retail

V-Mart to hire 2000 people invest US$ 164

million for 60 new stores in FY20

Value fashion and lifestyle products retailer V-Mart Retail would hire 2000 people and invest

Rs 115 crore this fiscal to expand its footprint The retailer which mainly operates in tier-II and

III cities plans to add around 60 stores this

fiscal taking its total count to 275

Read More

httpswwwbusiness-standardcomarticlecompaniesv-

mart-to-hire-2-000-people-invest-rs-115-crore-for-60-new-

stores-in-fy20-119090100287_1html

Biyanis FSC to invest Rs 1000 crore to boost

supply chain management

Future Supply Chain Solutions (FSC) promoted by Kishor Biyanis Future Enterprise Ltd has

chalked out a capital expenditure of Rs 1000 crore to ramp up its capacity to improve its third-

party logistics services to existing and new clients With this investment FSC Indias

leading organised third-party supply chain and logistics service provider plans to create India

Food Grid (IFG) a network of 38 integrated food

distribution centres providing pan India reach

Read More

httpswwwbusiness-

standardcomarticlecompaniesbiyani-s-fsc-to-invest-rs-

1-000-cr-to-boost-supply-chain-management-

119090300291_1html

INDIA BULLETIN | Consulate General of India Perth

Renewables

PM Modi vows to more than double Indias

non-fossil fuel target to 450 GW

Prime Minister Narendra Modi on gave a clarion call for a global peoples movement to bring

about a behavioural change to deal with climate change as he made a path-breaking pledge to

more than double Indias non-fossil fuel target to

450 gigawatts (GW) The time for talking is over The world needs to act now PM Modi asserted

193 solar panels were installed by India on UNs

rooftop

Read More

httpswwwindiatodayinindiastorypm-modi-vows-

more-double-india-non-fossil-fuel-target-450-gw-

1602422-2019-09-24

India 6th-Largest Investor in Renewable

Energy Study

With investments of $90 billion in renewable

energy over the last decade India is placed sixth in the list of countries that have made the most

investments in clean energy says a new study China US Japan Germany and UK are the top

five countries NTPC - the countryrsquos largest power

producer is planning to install two 5000MW ultra mega solar parks in Gujarat and Rajasthan

The locations have been identified the land acquisition process is set to begin soon while

bids from investors will be called for in March

2020

Read More

httpsweathercomen-INindianewsnews2019-09-05-

solar-park-investment-india-renewable-energy

Telangana to have 5 GW solar power capacity

by 2020

Telangana is on course to achieving 5 Giga Watts

(GW) of renewable energy capacity by next year and the state plans to come out with a tender for

setting up of about 1000 MW (1 GW) of solar

power generation capacity

Read More

httpswwwthehindubusinesslinecomeconomytelangana

-to-have-5-giga-watt-solar-power-capacity-by-

2020article29323051ece

Indiarsquos 5-Yr Power Plan Move Away from

Generation Focus on Supply

The countrys current installed power generation

capacity stands at 360000 Mw with thermal (coal and gas) contributing 250000 Mw The

current renewable power capacity is 80000 Mw India would need 6440 Mw of thermal power

during 2017-22

Read More

httpswwwibeforgnewsindias-5year-power-plan-move-

away-from-generation-focus-on-supply

INDIA BULLETIN | Consulate General of India Perth

Digital Technology Media

Google signs pact with IT ministry for Build

for Digital India

Tech giant Google has signed a statement of

intent with the Ministry of Electronics and IT (MeitY) for rolling out Build for Digital India

programme The programme will offer a platform to engineering students to develop market-ready

technology-based solutions that address key

social problems a release said

Read More

httpswwwmoneycontrolcomnewsbusinesscompanies

google-signs-pact-with-it-ministry-for-build-for-digital-

india-4393121html

Adani Group Reliance Industries to lock

horns for Indias data centres

Mukesh Ambani chairman and managing

director announced a partnership with Microsoft to launch data centres across India In January

the Adani Group committed to developing data

centres in Andhra Pradesh with Rs 70000 crore of investments in digital and energy

infrastructure Adani has made initial moves in businesses like petrochemicals natural gas and

petroleum retailing where RIL is an established player Data centres would be a new segment for

both

Read More

httpswwwibeforgnewsadani-group-reliance-

industries-to-lock-horns-for-indias-data-centres

Amazonrsquos bet on AI brings it big business and

serious competition in India

In a battle to dominate cloud computing services

Amazon Internet Services which provides Amazon Web Services (AWS) technology in India

is taking on rivals Google and Microsoft by wooing customers with its artificial intelligence

(AI) and machine learning (ML) technologies These customers range from top start-ups like

bike sharing firm Yulu hotel network OYO and

tea retailer chain Point to large conglomerates

such as Aditya Birla and Tata Motors

Read More

httpswwwibeforgnewsamazons-bet-on-ai-brings-it-

big-business-and-serious-competition-in-india

Infosys opens 6th innovation centre in US to

hire 1000 workers by 2023

Infosys has opened a technology and innovation centre in Arizona making it the sixth such centre

in the United States (US) The new centre will focus on autonomous technologies Internet of

Things (IoT) full-stack engineering data science

and cyber security

Read More

httpswwwibeforgnewsinfosys-opens-6th-innovation-

centre-in-us-to-hire-1000-workers-by-2023

INDIA BULLETIN | Consulate General of India Perth

Reliance Jio adds 85 million subscribers in

July Airtel gains 25 million users

Reliance Jio added 85 million subscribers in

July according to data from the Telecom

Regulatory Authority of India (Trai) Bharti Airtel reported 25 million subscribers exiting its

network Vodafone Idea had 34 million exits Jiorsquos highest reported monthly addition this year

has been 94 million in March

Read More

httpswwwbusiness-

standardcomarticlecompaniesreliance-jio-adds-8-5-mn-

subscribers-in-july-airtel-gains-2-5-mn-users-

119091801443_1html

Infosys is worlds third Best Regarded

Company

As many as 17 Indian companies including

Infosys TCS and HDFC have been named in the list of Worlds Best Regarded Companies

compiled by Forbes Infosys jumped to the third spot from 31st position in 2018 Indian

companies TCE (22nd position) amp Tata Motors

(31) featured among the top 50 in the coveted list

Read more

httpseconomictimesindiatimescomnewscompanycorp

orate-trendsinfosys-tcs-hdfc-among-17-indian-firms-in-

forbes-best-regarded-

companiesarticleshow71275653cms

Accenture Launches Experience Activation

Network to Power Growth for Worldrsquos Leading

Brands

Acenture has opened a center in Mumbai that

serves as the centerpiece of its new ldquoexperience activation networkrdquo a collection of state-of-the-

art sites worldwide that are dedicated to

powering brand experiences that deliver

marketing-led growth

Read More

httpswwwbusinesswirecomnewshome201909230058

16en

Eros Now announces collaboration with Microsoft to develop next generation online

video platform

Eros Now a South Asian entertainment OTT

(over-the-top) video platform by Eros

International Plc a Global Indian Entertainment Company the ultimate one-stop destination for

the internet generation to consume captivating content today announced a collaboration with

Microsoft to build a next generation online video platform on Microsoft Azure targeted at its

consumers across the globe This is a unique association for Microsoft in India in the online

video space

Read More

httpsnewsmicrosoftcomen-ineros-now-microsoft-

collaborate-next-generation-online-video-platform

INDIA BULLETIN | Consulate General of India Perth

Defence

Russia plans to set up more than 20 nuclear

power units in India in next 20 years

Russia said that it is planning to set up more

than 20 nuclear power units in India in the next 20 years Prime Minister Narendra Modi visited

Russias Far Eastern city of Vladivostok and gave a joint statement at the 20th Annual Summit

between the two countries along with Russian

President Vladimir Putin by side The two sides exchanged numerous agreements including

military and technical cooperation energy and science LNG Business and LNG supplies and

natural gas in the presence of the two leaders

Read More

httpswwwlivemintcomnewsindiarussia-plans-to-set-

up-above-20-nuclear-power-units-in-india-in-next-20-

years-1567600889899html

India to spend as much as US$130 bn to

modernise military in next 7 years

India has finalized a road map to spend US$ 130 billion in the next five to seven years to

modernise the armed forces and bolster their combat capabilities over rivals in the region

according to an official document and military

sources

Read More

httpswwwibeforgnewsindia-to-spend-as-much-as-

us130-bn-to-modernise-military-in-next-7-years

India to achieve US$ 26 billion defence

industry by 2025 Defence Minister

Defence minister Rajnath Singh has said India

will achieve 26 Billion dollars Defence Industry

by 2025 Defence sector has been identified as one of the most prominent sectors under Make

in India initiative to realize 5 Trillion-dollar Economy by 2024 Investment of 10 billion US

dollar and creation of 23 million employment

opportunities is envisaged

Read More

httpwwwnewsonaircomMain-News-

Detailsaspxid=371717

Logistics

Hyderabad International Airport is worldrsquos

third fastest growing airport Report

The GMR Hyderabad International Airport has been featured as the third fastest growing airport

in the world in terms of passenger growth The Hyderabad Airport has been ranked third and

the second fastest growing airport in the world and India with over 15 Million Passengers Per

Annum

Read More

httpswwwthehindubusinesslinecomeconomylogistics

hyderabad-international-airport-is-worlds-third-fastest-

growing-airport-reportarticle29449734ece

INDIA BULLETIN | Consulate General of India Perth

Space

After Chandrayaan-2 India will send man to

space by December 2021 Isro chief

Isro chairman K Sivan said the country is moving

ahead to meet its target of sending man to space by December 2021 He asserted that though

Isros plan to soft land Chandrayaan-2s Vikram module on the lunar surface did not go as per

script it will have no bearing with on the Gaganyaan mission He said the mission has

achieved 98 per cent of its objectives

Read More

httpswwwlivemintcomsciencenewsindia-s-first-

manned-space-flight-by-december-2021-says-isro-chief-k-

sivan-1569132767491html

ISRO DRDO ink MoUs to provide

technologies for Human Space Mission

The Indian Space Research Organization (ISRO)

joined hands with Defence Research and Development Organization (DRDO) for

development of human-centric systems for the Human Space Mission to demonstrate its human

space flight capabilities ISRO aims to demonstrate human spaceflight capability before

the 75th anniversary of Indias independence in

2022

Read More

httpswwwbusiness-standardcomarticlenews-aniisro-

drdo-ink-mous-to-provide-technologies-for-human-space-

mission-119091701594_1html

Tourism

India ranked 34th on world travel tourism

competitiveness index Report

India has moved up six places to rank 34th on

world travel and tourism competitiveness index driven by rich natural and cultural resources

and strong price competitiveness a WEF report

Read More

httpswwwbusiness-standardcomarticlepti-

storiesindia-moves-up-6-places-to-34th-rank-on-world-

travel-tourism-competitiveness-index-wef-report-

119090400693_1html

Reduction of e-Tourist visa fee

bull A short duration e-visa for tourist with

one-month validity with visa fee of USD 25

has been introduced

bull To encourage off season (April-June)

tourism visa fee of USD 25 would be

reduced to USD10

bull Validity of regular e-visa with fee of USD

80 has been increased from current permissible 1 year to 5 years with multiple

entry

bull Fee for 1-year e-tourist visa has been

reduced from USD 80 to USD 40

Read More

httpsindianvisaonlinegovinevisatvoahtml

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 2: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

Weve capability courage and conditions to achieve target $5 trillion economy PM Modi

Speaking at the Bloomberg Global Business Forum held in New York Modi said that India has the capability courage amp conditions that are required to achieve the target of $5 trillion economy The Prime Minister added that $1 trillion has been added to economy in 5 years and the target is to make the country a $5 trillion economy by 2024-25

Read More

httpstimesofindiaindiatimescombusinessindia-

businesswe-have-the-capability-courage-and-conditions-

to-achieve-the-target-of-5-trillion-economy-pm-

modiarticleshow71296816cms

FDI jumps 28 to $16 billion in Q1FY20

Foreign direct investment into India grew by 28 per cent to USD 1633 billion during the first quarter of the current fiscal according to government data Sectors which attracted maximum foreign inflows during April-June 2019-20 include services (USD 28 billion) computer software and hardware (USD 224 billion) telecommunications (USD 422 billion) and trading (USD 113 billion)

Read More

httpseconomictimesindiatimescommarketsstocksnew

sfdi-jumps-28-to-16-billion-in-

q1fy20articleshow70991881cmsfrom=mdr

Indias corporate tax rate is now among the lowest globally

India is now among the countries that have a low corporate tax rate Indiarsquos statutory rate for corporate tax is 22 per cent now Manufacturing companies incorporated after 1 October 2019 will have the benefit of an even lower rate of 15 per cent (effective tax rate of 1701 per cent)

Read More

httpswwwthehindubusinesslinecomeconomyindias-

corporate-tax-rate-is-now-among-the-lowest-

globallyarticle29468566ece

Mergers and Acquisitions activity records 70 growth in 2018 Study

Mergers and Acquisitions (MampA) activities in India has been buoyant from 2015 to 2019 with a steady pipeline of more than 3600 deals with an aggregate value of more than $310 billion according to a study

Read More

httpswwwthehindubusinesslinecomcompaniesmergers

-and-acquisitions-activity-records-70-growth-in-2018-

studyarticle29520189ece

INDIA BULLETIN | Consulate General of India Perth

PEVC investments climb to an all-time high of $367 bn in January-August

Private equity (PE) and venture capital (VC) investments into India touched an all-time high of $367 billion in the first eight months of 2019 surpassing the previous record of $365 billion in 2018 according to a report by the Indian Private Equity and Venture Capital Association and consulting firm EY

Read More

httpswwwlivemintcomcompaniesstart-upspe-vc-

investments-climb-to-an-all-time-high-of-36-7-bn-in-

january-august-1568135719273html

Indian diaspora at 175 million is the largest in the world says UN study

The count of the Indian disapora has increased 10 from 159 million in 2015 making it the largest in the world according to the UNrsquos International Migrant Stock 2019 The United Arab Emirates was the top destination of Indian migrants followed by the US Saudi Arabia Pakistan and Oman

Read More

httpswwwlivemintcomnewsindiaindian-diaspora-at-

17-5-million-is-the-largest-in-the-world-says-un-study-

1568875186472html

Healthcare

Universal Health for all a disease-free India and global standards of excellence in healthcare is our aim for a new India

Universal Health for all a disease-free India and global standards of excellence in healthcare is our aim for a new India announced the Health Minister Dr Harsh Vardhan at the 72nd World Health Organization (WHO) Regional Committee for South-East Asia

Read More

httpsswachhindiandtvcomdisease-free-india-health-

minister-harsh-vardhan-who-regional-meet-37672

India to contribute $22 million to Global Fund for AIDS TB and Malaria

India has announced a contribution of $22 million to the Global Fund for AIDS TB and Malaria (GFTAM) for the 6th replenishment cycle (2020-22) The Global Fund is a partnership designed to accelerate the end of AIDS tuberculosis and malaria As an international organization the Global Fund mobilizes and invests more than $4 billion a year to support programs run by local experts in more than 100 countries

Read More

httpsindianexpresscomarticleindiaindia-to-contribute-

22-million-to-global-fund-for-aids-tb-and-malaria-

5964091

INDIA BULLETIN | Consulate General of India Perth

Sectors Companies

Centre to invest US$ 357 billion in fisheries

in 3-5 years

As part of the ambitious Blue Revolution project the Union government has lined up ₹25000

crore to invest in different segments of the

fisheries sector in the next three to five years

Read More

httpswwwthehindubusinesslinecommarketscommoditi

escentre-to-invest-25000-cr-in-fisheries-in-3-5-

yearsarticle29329285ece

With more than 7000 start-ups Delhi-NCR

emerges as Indias unicorn hub

Delhi-NCR has over 7000 start-ups 10

Unicorns and a cumulative valuation of US$50

billion Delhi-NCR will become one of the Top 5 Global Start-up hubs with 12000 start-ups 30

unicorns and cumulative valuation of about US$150 billion by 2025 Bengaluru has US$ 32-

37 bn Mumbai has US$ 10-12 bn

Read More

httpswwwbusinesstodayincurrentcorporatedelhi-ncr-

is-a-bigger-start-up-hubstory378304html

Warburg Pincus may buy Andhra Banks

205 stake in IndiaFirst says report

Warburg Pincus is in talks to buy a 205 per cent

stake in IndiaFirst Life Insurance from Andhra Bank Andhra Bank is looking to sell a partial

stake in the companyrdquo a person familiar with the deal was quoted as saying in the report The deal

if finalized will help Andhra Bank earn up to Rs 700 crore (US$ 10016 million) said sources who

were quoted in the report

Read More

httpswwwbusiness-

standardcomarticlecompanieswarburg-pincus-may-buy-

andhra-bank-s-20-5-stake-in-indiafirst-says-report-

119091600419_1html

Mother Dairy to recycle 832 tonnes of plastic

by March 2020

Mother Dairy a leading milk supplier in Delhi-

NCR said it will recycle 832 tonnes of plastic by March next year as part of its efforts to protect

environment Mother Dairy with the help of a Producer Responsibility Organization (PRO) has

collected and recycled around 1073 tonnes of

plastic waste till May 2019

Read More

httpswwwibeforgnewsmother-dairy-to-recycle-832-

tonnes-of-plastic-by-march-2020

INDIA BULLETIN | Consulate General of India Perth

OYO raises $1 bn from investors led by

Softbank firm now valued at $5 bn

Indian hospitality start-up OYO has raised a

massive $1 billion (Rs 7263 billion) from four

existing investors led by SoftBank The latest fundraising is estimated to value OYO which

operates in the budget hospitality space at around $5 billion (Rs 363 billion) a five-fold

increase since September last year when the last funding round took place OYO was not even a

unicorn (a start-up valued at $1 billion and

above) before this funding round

Read More

httpswwwbusiness-standardcomarticlecompaniesoyo-

raises-1-bn-from-investors-led-by-softbank-start-up-

valued-at-5-bn-118092500381_1html

12 Indian companies in Sustainability Index

of Dow

A dozen Indian companies have made it to the

Dow Jones Sustainability Index (DJSI) 2019 up

from 10 firms last year The DJSI assesses companies on corporate governance

environmental and social performance and sustainable business practices The companies

include Mahindra amp Mahindra Tata Motors Glenmark Havells India MampM Financial

services Godrej Consumer Products Hindalco Industries Tata Steel Infosys Tech Mahindra

and Wipro made it to the DJSI Emerging Markets

2019 Index

Read More

httpstimesofindiaindiatimescombusinessindia-

businessdow-jones-sustainability-index-now-has-12-desi-

cosarticleshow71301447cms

Lockheed to begin supplying F-16 wings from

Indian plant in 2020

Lockheed is bidding for a contract estimated at

more than $15 billion to supply the Indian Air Force with 114 combat planes and has offered to

shift its F-16 production line from the United States to India It plans to build an upgraded

version of the aircraft which it calls F-21 The

wings of all future F-16s that the company will sell worldwide will be produced in a joint venture

with Indiarsquos Tata Advanced Systems in the

southern city of Hyderabad

Read More

httpswwwreuterscomarticleus-lockheed-

indialockheed-to-begin-supplying-f-16-wings-from-

indian-plant-in-2020-idUSKBN1WB1W5

OnePlus expects to start manufacturing TVs

in India by early next year

OnePlus is currently in discussions for

partnering an OEM for local manufacturing in India India is the first market where OnePlus is

bringing its smart television

Read More

httpswwwlivemintcomtechnologytech-newsoneplus-

expects-to-start-manufacturing-tvs-in-india-by-early-next-

year-1569547430983html

INDIA BULLETIN | Consulate General of India Perth

Automobile

Hyundai plans to boost digital presence in

India to tap new age customers

South Korean auto major Hyundai is looking to

enhance digital presence in India so that its online channel can function as a key customer

acquisition point while running parallel to its

existing offline sales network

Read More

httpswwwbusiness-standardcomarticlepti-

storieshyundai-to-rev-up-digital-presence-to-tap-new-age-

customers-119090100371_1html

Honda Cars ties up with Orix to launch car

leasing service in India

Honda Cars India Ltd signed a lease with car renting company Orix with many benefits to

customers like comprehensive insurance plans maintenance packages tax management and

curated rentals

Read More

httpswwwnews18comnewsautohonda-cars-india-

announces-tie-up-with-orix-for-car-leasing-services-

2305265html

Retail

V-Mart to hire 2000 people invest US$ 164

million for 60 new stores in FY20

Value fashion and lifestyle products retailer V-Mart Retail would hire 2000 people and invest

Rs 115 crore this fiscal to expand its footprint The retailer which mainly operates in tier-II and

III cities plans to add around 60 stores this

fiscal taking its total count to 275

Read More

httpswwwbusiness-standardcomarticlecompaniesv-

mart-to-hire-2-000-people-invest-rs-115-crore-for-60-new-

stores-in-fy20-119090100287_1html

Biyanis FSC to invest Rs 1000 crore to boost

supply chain management

Future Supply Chain Solutions (FSC) promoted by Kishor Biyanis Future Enterprise Ltd has

chalked out a capital expenditure of Rs 1000 crore to ramp up its capacity to improve its third-

party logistics services to existing and new clients With this investment FSC Indias

leading organised third-party supply chain and logistics service provider plans to create India

Food Grid (IFG) a network of 38 integrated food

distribution centres providing pan India reach

Read More

httpswwwbusiness-

standardcomarticlecompaniesbiyani-s-fsc-to-invest-rs-

1-000-cr-to-boost-supply-chain-management-

119090300291_1html

INDIA BULLETIN | Consulate General of India Perth

Renewables

PM Modi vows to more than double Indias

non-fossil fuel target to 450 GW

Prime Minister Narendra Modi on gave a clarion call for a global peoples movement to bring

about a behavioural change to deal with climate change as he made a path-breaking pledge to

more than double Indias non-fossil fuel target to

450 gigawatts (GW) The time for talking is over The world needs to act now PM Modi asserted

193 solar panels were installed by India on UNs

rooftop

Read More

httpswwwindiatodayinindiastorypm-modi-vows-

more-double-india-non-fossil-fuel-target-450-gw-

1602422-2019-09-24

India 6th-Largest Investor in Renewable

Energy Study

With investments of $90 billion in renewable

energy over the last decade India is placed sixth in the list of countries that have made the most

investments in clean energy says a new study China US Japan Germany and UK are the top

five countries NTPC - the countryrsquos largest power

producer is planning to install two 5000MW ultra mega solar parks in Gujarat and Rajasthan

The locations have been identified the land acquisition process is set to begin soon while

bids from investors will be called for in March

2020

Read More

httpsweathercomen-INindianewsnews2019-09-05-

solar-park-investment-india-renewable-energy

Telangana to have 5 GW solar power capacity

by 2020

Telangana is on course to achieving 5 Giga Watts

(GW) of renewable energy capacity by next year and the state plans to come out with a tender for

setting up of about 1000 MW (1 GW) of solar

power generation capacity

Read More

httpswwwthehindubusinesslinecomeconomytelangana

-to-have-5-giga-watt-solar-power-capacity-by-

2020article29323051ece

Indiarsquos 5-Yr Power Plan Move Away from

Generation Focus on Supply

The countrys current installed power generation

capacity stands at 360000 Mw with thermal (coal and gas) contributing 250000 Mw The

current renewable power capacity is 80000 Mw India would need 6440 Mw of thermal power

during 2017-22

Read More

httpswwwibeforgnewsindias-5year-power-plan-move-

away-from-generation-focus-on-supply

INDIA BULLETIN | Consulate General of India Perth

Digital Technology Media

Google signs pact with IT ministry for Build

for Digital India

Tech giant Google has signed a statement of

intent with the Ministry of Electronics and IT (MeitY) for rolling out Build for Digital India

programme The programme will offer a platform to engineering students to develop market-ready

technology-based solutions that address key

social problems a release said

Read More

httpswwwmoneycontrolcomnewsbusinesscompanies

google-signs-pact-with-it-ministry-for-build-for-digital-

india-4393121html

Adani Group Reliance Industries to lock

horns for Indias data centres

Mukesh Ambani chairman and managing

director announced a partnership with Microsoft to launch data centres across India In January

the Adani Group committed to developing data

centres in Andhra Pradesh with Rs 70000 crore of investments in digital and energy

infrastructure Adani has made initial moves in businesses like petrochemicals natural gas and

petroleum retailing where RIL is an established player Data centres would be a new segment for

both

Read More

httpswwwibeforgnewsadani-group-reliance-

industries-to-lock-horns-for-indias-data-centres

Amazonrsquos bet on AI brings it big business and

serious competition in India

In a battle to dominate cloud computing services

Amazon Internet Services which provides Amazon Web Services (AWS) technology in India

is taking on rivals Google and Microsoft by wooing customers with its artificial intelligence

(AI) and machine learning (ML) technologies These customers range from top start-ups like

bike sharing firm Yulu hotel network OYO and

tea retailer chain Point to large conglomerates

such as Aditya Birla and Tata Motors

Read More

httpswwwibeforgnewsamazons-bet-on-ai-brings-it-

big-business-and-serious-competition-in-india

Infosys opens 6th innovation centre in US to

hire 1000 workers by 2023

Infosys has opened a technology and innovation centre in Arizona making it the sixth such centre

in the United States (US) The new centre will focus on autonomous technologies Internet of

Things (IoT) full-stack engineering data science

and cyber security

Read More

httpswwwibeforgnewsinfosys-opens-6th-innovation-

centre-in-us-to-hire-1000-workers-by-2023

INDIA BULLETIN | Consulate General of India Perth

Reliance Jio adds 85 million subscribers in

July Airtel gains 25 million users

Reliance Jio added 85 million subscribers in

July according to data from the Telecom

Regulatory Authority of India (Trai) Bharti Airtel reported 25 million subscribers exiting its

network Vodafone Idea had 34 million exits Jiorsquos highest reported monthly addition this year

has been 94 million in March

Read More

httpswwwbusiness-

standardcomarticlecompaniesreliance-jio-adds-8-5-mn-

subscribers-in-july-airtel-gains-2-5-mn-users-

119091801443_1html

Infosys is worlds third Best Regarded

Company

As many as 17 Indian companies including

Infosys TCS and HDFC have been named in the list of Worlds Best Regarded Companies

compiled by Forbes Infosys jumped to the third spot from 31st position in 2018 Indian

companies TCE (22nd position) amp Tata Motors

(31) featured among the top 50 in the coveted list

Read more

httpseconomictimesindiatimescomnewscompanycorp

orate-trendsinfosys-tcs-hdfc-among-17-indian-firms-in-

forbes-best-regarded-

companiesarticleshow71275653cms

Accenture Launches Experience Activation

Network to Power Growth for Worldrsquos Leading

Brands

Acenture has opened a center in Mumbai that

serves as the centerpiece of its new ldquoexperience activation networkrdquo a collection of state-of-the-

art sites worldwide that are dedicated to

powering brand experiences that deliver

marketing-led growth

Read More

httpswwwbusinesswirecomnewshome201909230058

16en

Eros Now announces collaboration with Microsoft to develop next generation online

video platform

Eros Now a South Asian entertainment OTT

(over-the-top) video platform by Eros

International Plc a Global Indian Entertainment Company the ultimate one-stop destination for

the internet generation to consume captivating content today announced a collaboration with

Microsoft to build a next generation online video platform on Microsoft Azure targeted at its

consumers across the globe This is a unique association for Microsoft in India in the online

video space

Read More

httpsnewsmicrosoftcomen-ineros-now-microsoft-

collaborate-next-generation-online-video-platform

INDIA BULLETIN | Consulate General of India Perth

Defence

Russia plans to set up more than 20 nuclear

power units in India in next 20 years

Russia said that it is planning to set up more

than 20 nuclear power units in India in the next 20 years Prime Minister Narendra Modi visited

Russias Far Eastern city of Vladivostok and gave a joint statement at the 20th Annual Summit

between the two countries along with Russian

President Vladimir Putin by side The two sides exchanged numerous agreements including

military and technical cooperation energy and science LNG Business and LNG supplies and

natural gas in the presence of the two leaders

Read More

httpswwwlivemintcomnewsindiarussia-plans-to-set-

up-above-20-nuclear-power-units-in-india-in-next-20-

years-1567600889899html

India to spend as much as US$130 bn to

modernise military in next 7 years

India has finalized a road map to spend US$ 130 billion in the next five to seven years to

modernise the armed forces and bolster their combat capabilities over rivals in the region

according to an official document and military

sources

Read More

httpswwwibeforgnewsindia-to-spend-as-much-as-

us130-bn-to-modernise-military-in-next-7-years

India to achieve US$ 26 billion defence

industry by 2025 Defence Minister

Defence minister Rajnath Singh has said India

will achieve 26 Billion dollars Defence Industry

by 2025 Defence sector has been identified as one of the most prominent sectors under Make

in India initiative to realize 5 Trillion-dollar Economy by 2024 Investment of 10 billion US

dollar and creation of 23 million employment

opportunities is envisaged

Read More

httpwwwnewsonaircomMain-News-

Detailsaspxid=371717

Logistics

Hyderabad International Airport is worldrsquos

third fastest growing airport Report

The GMR Hyderabad International Airport has been featured as the third fastest growing airport

in the world in terms of passenger growth The Hyderabad Airport has been ranked third and

the second fastest growing airport in the world and India with over 15 Million Passengers Per

Annum

Read More

httpswwwthehindubusinesslinecomeconomylogistics

hyderabad-international-airport-is-worlds-third-fastest-

growing-airport-reportarticle29449734ece

INDIA BULLETIN | Consulate General of India Perth

Space

After Chandrayaan-2 India will send man to

space by December 2021 Isro chief

Isro chairman K Sivan said the country is moving

ahead to meet its target of sending man to space by December 2021 He asserted that though

Isros plan to soft land Chandrayaan-2s Vikram module on the lunar surface did not go as per

script it will have no bearing with on the Gaganyaan mission He said the mission has

achieved 98 per cent of its objectives

Read More

httpswwwlivemintcomsciencenewsindia-s-first-

manned-space-flight-by-december-2021-says-isro-chief-k-

sivan-1569132767491html

ISRO DRDO ink MoUs to provide

technologies for Human Space Mission

The Indian Space Research Organization (ISRO)

joined hands with Defence Research and Development Organization (DRDO) for

development of human-centric systems for the Human Space Mission to demonstrate its human

space flight capabilities ISRO aims to demonstrate human spaceflight capability before

the 75th anniversary of Indias independence in

2022

Read More

httpswwwbusiness-standardcomarticlenews-aniisro-

drdo-ink-mous-to-provide-technologies-for-human-space-

mission-119091701594_1html

Tourism

India ranked 34th on world travel tourism

competitiveness index Report

India has moved up six places to rank 34th on

world travel and tourism competitiveness index driven by rich natural and cultural resources

and strong price competitiveness a WEF report

Read More

httpswwwbusiness-standardcomarticlepti-

storiesindia-moves-up-6-places-to-34th-rank-on-world-

travel-tourism-competitiveness-index-wef-report-

119090400693_1html

Reduction of e-Tourist visa fee

bull A short duration e-visa for tourist with

one-month validity with visa fee of USD 25

has been introduced

bull To encourage off season (April-June)

tourism visa fee of USD 25 would be

reduced to USD10

bull Validity of regular e-visa with fee of USD

80 has been increased from current permissible 1 year to 5 years with multiple

entry

bull Fee for 1-year e-tourist visa has been

reduced from USD 80 to USD 40

Read More

httpsindianvisaonlinegovinevisatvoahtml

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 3: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

PEVC investments climb to an all-time high of $367 bn in January-August

Private equity (PE) and venture capital (VC) investments into India touched an all-time high of $367 billion in the first eight months of 2019 surpassing the previous record of $365 billion in 2018 according to a report by the Indian Private Equity and Venture Capital Association and consulting firm EY

Read More

httpswwwlivemintcomcompaniesstart-upspe-vc-

investments-climb-to-an-all-time-high-of-36-7-bn-in-

january-august-1568135719273html

Indian diaspora at 175 million is the largest in the world says UN study

The count of the Indian disapora has increased 10 from 159 million in 2015 making it the largest in the world according to the UNrsquos International Migrant Stock 2019 The United Arab Emirates was the top destination of Indian migrants followed by the US Saudi Arabia Pakistan and Oman

Read More

httpswwwlivemintcomnewsindiaindian-diaspora-at-

17-5-million-is-the-largest-in-the-world-says-un-study-

1568875186472html

Healthcare

Universal Health for all a disease-free India and global standards of excellence in healthcare is our aim for a new India

Universal Health for all a disease-free India and global standards of excellence in healthcare is our aim for a new India announced the Health Minister Dr Harsh Vardhan at the 72nd World Health Organization (WHO) Regional Committee for South-East Asia

Read More

httpsswachhindiandtvcomdisease-free-india-health-

minister-harsh-vardhan-who-regional-meet-37672

India to contribute $22 million to Global Fund for AIDS TB and Malaria

India has announced a contribution of $22 million to the Global Fund for AIDS TB and Malaria (GFTAM) for the 6th replenishment cycle (2020-22) The Global Fund is a partnership designed to accelerate the end of AIDS tuberculosis and malaria As an international organization the Global Fund mobilizes and invests more than $4 billion a year to support programs run by local experts in more than 100 countries

Read More

httpsindianexpresscomarticleindiaindia-to-contribute-

22-million-to-global-fund-for-aids-tb-and-malaria-

5964091

INDIA BULLETIN | Consulate General of India Perth

Sectors Companies

Centre to invest US$ 357 billion in fisheries

in 3-5 years

As part of the ambitious Blue Revolution project the Union government has lined up ₹25000

crore to invest in different segments of the

fisheries sector in the next three to five years

Read More

httpswwwthehindubusinesslinecommarketscommoditi

escentre-to-invest-25000-cr-in-fisheries-in-3-5-

yearsarticle29329285ece

With more than 7000 start-ups Delhi-NCR

emerges as Indias unicorn hub

Delhi-NCR has over 7000 start-ups 10

Unicorns and a cumulative valuation of US$50

billion Delhi-NCR will become one of the Top 5 Global Start-up hubs with 12000 start-ups 30

unicorns and cumulative valuation of about US$150 billion by 2025 Bengaluru has US$ 32-

37 bn Mumbai has US$ 10-12 bn

Read More

httpswwwbusinesstodayincurrentcorporatedelhi-ncr-

is-a-bigger-start-up-hubstory378304html

Warburg Pincus may buy Andhra Banks

205 stake in IndiaFirst says report

Warburg Pincus is in talks to buy a 205 per cent

stake in IndiaFirst Life Insurance from Andhra Bank Andhra Bank is looking to sell a partial

stake in the companyrdquo a person familiar with the deal was quoted as saying in the report The deal

if finalized will help Andhra Bank earn up to Rs 700 crore (US$ 10016 million) said sources who

were quoted in the report

Read More

httpswwwbusiness-

standardcomarticlecompanieswarburg-pincus-may-buy-

andhra-bank-s-20-5-stake-in-indiafirst-says-report-

119091600419_1html

Mother Dairy to recycle 832 tonnes of plastic

by March 2020

Mother Dairy a leading milk supplier in Delhi-

NCR said it will recycle 832 tonnes of plastic by March next year as part of its efforts to protect

environment Mother Dairy with the help of a Producer Responsibility Organization (PRO) has

collected and recycled around 1073 tonnes of

plastic waste till May 2019

Read More

httpswwwibeforgnewsmother-dairy-to-recycle-832-

tonnes-of-plastic-by-march-2020

INDIA BULLETIN | Consulate General of India Perth

OYO raises $1 bn from investors led by

Softbank firm now valued at $5 bn

Indian hospitality start-up OYO has raised a

massive $1 billion (Rs 7263 billion) from four

existing investors led by SoftBank The latest fundraising is estimated to value OYO which

operates in the budget hospitality space at around $5 billion (Rs 363 billion) a five-fold

increase since September last year when the last funding round took place OYO was not even a

unicorn (a start-up valued at $1 billion and

above) before this funding round

Read More

httpswwwbusiness-standardcomarticlecompaniesoyo-

raises-1-bn-from-investors-led-by-softbank-start-up-

valued-at-5-bn-118092500381_1html

12 Indian companies in Sustainability Index

of Dow

A dozen Indian companies have made it to the

Dow Jones Sustainability Index (DJSI) 2019 up

from 10 firms last year The DJSI assesses companies on corporate governance

environmental and social performance and sustainable business practices The companies

include Mahindra amp Mahindra Tata Motors Glenmark Havells India MampM Financial

services Godrej Consumer Products Hindalco Industries Tata Steel Infosys Tech Mahindra

and Wipro made it to the DJSI Emerging Markets

2019 Index

Read More

httpstimesofindiaindiatimescombusinessindia-

businessdow-jones-sustainability-index-now-has-12-desi-

cosarticleshow71301447cms

Lockheed to begin supplying F-16 wings from

Indian plant in 2020

Lockheed is bidding for a contract estimated at

more than $15 billion to supply the Indian Air Force with 114 combat planes and has offered to

shift its F-16 production line from the United States to India It plans to build an upgraded

version of the aircraft which it calls F-21 The

wings of all future F-16s that the company will sell worldwide will be produced in a joint venture

with Indiarsquos Tata Advanced Systems in the

southern city of Hyderabad

Read More

httpswwwreuterscomarticleus-lockheed-

indialockheed-to-begin-supplying-f-16-wings-from-

indian-plant-in-2020-idUSKBN1WB1W5

OnePlus expects to start manufacturing TVs

in India by early next year

OnePlus is currently in discussions for

partnering an OEM for local manufacturing in India India is the first market where OnePlus is

bringing its smart television

Read More

httpswwwlivemintcomtechnologytech-newsoneplus-

expects-to-start-manufacturing-tvs-in-india-by-early-next-

year-1569547430983html

INDIA BULLETIN | Consulate General of India Perth

Automobile

Hyundai plans to boost digital presence in

India to tap new age customers

South Korean auto major Hyundai is looking to

enhance digital presence in India so that its online channel can function as a key customer

acquisition point while running parallel to its

existing offline sales network

Read More

httpswwwbusiness-standardcomarticlepti-

storieshyundai-to-rev-up-digital-presence-to-tap-new-age-

customers-119090100371_1html

Honda Cars ties up with Orix to launch car

leasing service in India

Honda Cars India Ltd signed a lease with car renting company Orix with many benefits to

customers like comprehensive insurance plans maintenance packages tax management and

curated rentals

Read More

httpswwwnews18comnewsautohonda-cars-india-

announces-tie-up-with-orix-for-car-leasing-services-

2305265html

Retail

V-Mart to hire 2000 people invest US$ 164

million for 60 new stores in FY20

Value fashion and lifestyle products retailer V-Mart Retail would hire 2000 people and invest

Rs 115 crore this fiscal to expand its footprint The retailer which mainly operates in tier-II and

III cities plans to add around 60 stores this

fiscal taking its total count to 275

Read More

httpswwwbusiness-standardcomarticlecompaniesv-

mart-to-hire-2-000-people-invest-rs-115-crore-for-60-new-

stores-in-fy20-119090100287_1html

Biyanis FSC to invest Rs 1000 crore to boost

supply chain management

Future Supply Chain Solutions (FSC) promoted by Kishor Biyanis Future Enterprise Ltd has

chalked out a capital expenditure of Rs 1000 crore to ramp up its capacity to improve its third-

party logistics services to existing and new clients With this investment FSC Indias

leading organised third-party supply chain and logistics service provider plans to create India

Food Grid (IFG) a network of 38 integrated food

distribution centres providing pan India reach

Read More

httpswwwbusiness-

standardcomarticlecompaniesbiyani-s-fsc-to-invest-rs-

1-000-cr-to-boost-supply-chain-management-

119090300291_1html

INDIA BULLETIN | Consulate General of India Perth

Renewables

PM Modi vows to more than double Indias

non-fossil fuel target to 450 GW

Prime Minister Narendra Modi on gave a clarion call for a global peoples movement to bring

about a behavioural change to deal with climate change as he made a path-breaking pledge to

more than double Indias non-fossil fuel target to

450 gigawatts (GW) The time for talking is over The world needs to act now PM Modi asserted

193 solar panels were installed by India on UNs

rooftop

Read More

httpswwwindiatodayinindiastorypm-modi-vows-

more-double-india-non-fossil-fuel-target-450-gw-

1602422-2019-09-24

India 6th-Largest Investor in Renewable

Energy Study

With investments of $90 billion in renewable

energy over the last decade India is placed sixth in the list of countries that have made the most

investments in clean energy says a new study China US Japan Germany and UK are the top

five countries NTPC - the countryrsquos largest power

producer is planning to install two 5000MW ultra mega solar parks in Gujarat and Rajasthan

The locations have been identified the land acquisition process is set to begin soon while

bids from investors will be called for in March

2020

Read More

httpsweathercomen-INindianewsnews2019-09-05-

solar-park-investment-india-renewable-energy

Telangana to have 5 GW solar power capacity

by 2020

Telangana is on course to achieving 5 Giga Watts

(GW) of renewable energy capacity by next year and the state plans to come out with a tender for

setting up of about 1000 MW (1 GW) of solar

power generation capacity

Read More

httpswwwthehindubusinesslinecomeconomytelangana

-to-have-5-giga-watt-solar-power-capacity-by-

2020article29323051ece

Indiarsquos 5-Yr Power Plan Move Away from

Generation Focus on Supply

The countrys current installed power generation

capacity stands at 360000 Mw with thermal (coal and gas) contributing 250000 Mw The

current renewable power capacity is 80000 Mw India would need 6440 Mw of thermal power

during 2017-22

Read More

httpswwwibeforgnewsindias-5year-power-plan-move-

away-from-generation-focus-on-supply

INDIA BULLETIN | Consulate General of India Perth

Digital Technology Media

Google signs pact with IT ministry for Build

for Digital India

Tech giant Google has signed a statement of

intent with the Ministry of Electronics and IT (MeitY) for rolling out Build for Digital India

programme The programme will offer a platform to engineering students to develop market-ready

technology-based solutions that address key

social problems a release said

Read More

httpswwwmoneycontrolcomnewsbusinesscompanies

google-signs-pact-with-it-ministry-for-build-for-digital-

india-4393121html

Adani Group Reliance Industries to lock

horns for Indias data centres

Mukesh Ambani chairman and managing

director announced a partnership with Microsoft to launch data centres across India In January

the Adani Group committed to developing data

centres in Andhra Pradesh with Rs 70000 crore of investments in digital and energy

infrastructure Adani has made initial moves in businesses like petrochemicals natural gas and

petroleum retailing where RIL is an established player Data centres would be a new segment for

both

Read More

httpswwwibeforgnewsadani-group-reliance-

industries-to-lock-horns-for-indias-data-centres

Amazonrsquos bet on AI brings it big business and

serious competition in India

In a battle to dominate cloud computing services

Amazon Internet Services which provides Amazon Web Services (AWS) technology in India

is taking on rivals Google and Microsoft by wooing customers with its artificial intelligence

(AI) and machine learning (ML) technologies These customers range from top start-ups like

bike sharing firm Yulu hotel network OYO and

tea retailer chain Point to large conglomerates

such as Aditya Birla and Tata Motors

Read More

httpswwwibeforgnewsamazons-bet-on-ai-brings-it-

big-business-and-serious-competition-in-india

Infosys opens 6th innovation centre in US to

hire 1000 workers by 2023

Infosys has opened a technology and innovation centre in Arizona making it the sixth such centre

in the United States (US) The new centre will focus on autonomous technologies Internet of

Things (IoT) full-stack engineering data science

and cyber security

Read More

httpswwwibeforgnewsinfosys-opens-6th-innovation-

centre-in-us-to-hire-1000-workers-by-2023

INDIA BULLETIN | Consulate General of India Perth

Reliance Jio adds 85 million subscribers in

July Airtel gains 25 million users

Reliance Jio added 85 million subscribers in

July according to data from the Telecom

Regulatory Authority of India (Trai) Bharti Airtel reported 25 million subscribers exiting its

network Vodafone Idea had 34 million exits Jiorsquos highest reported monthly addition this year

has been 94 million in March

Read More

httpswwwbusiness-

standardcomarticlecompaniesreliance-jio-adds-8-5-mn-

subscribers-in-july-airtel-gains-2-5-mn-users-

119091801443_1html

Infosys is worlds third Best Regarded

Company

As many as 17 Indian companies including

Infosys TCS and HDFC have been named in the list of Worlds Best Regarded Companies

compiled by Forbes Infosys jumped to the third spot from 31st position in 2018 Indian

companies TCE (22nd position) amp Tata Motors

(31) featured among the top 50 in the coveted list

Read more

httpseconomictimesindiatimescomnewscompanycorp

orate-trendsinfosys-tcs-hdfc-among-17-indian-firms-in-

forbes-best-regarded-

companiesarticleshow71275653cms

Accenture Launches Experience Activation

Network to Power Growth for Worldrsquos Leading

Brands

Acenture has opened a center in Mumbai that

serves as the centerpiece of its new ldquoexperience activation networkrdquo a collection of state-of-the-

art sites worldwide that are dedicated to

powering brand experiences that deliver

marketing-led growth

Read More

httpswwwbusinesswirecomnewshome201909230058

16en

Eros Now announces collaboration with Microsoft to develop next generation online

video platform

Eros Now a South Asian entertainment OTT

(over-the-top) video platform by Eros

International Plc a Global Indian Entertainment Company the ultimate one-stop destination for

the internet generation to consume captivating content today announced a collaboration with

Microsoft to build a next generation online video platform on Microsoft Azure targeted at its

consumers across the globe This is a unique association for Microsoft in India in the online

video space

Read More

httpsnewsmicrosoftcomen-ineros-now-microsoft-

collaborate-next-generation-online-video-platform

INDIA BULLETIN | Consulate General of India Perth

Defence

Russia plans to set up more than 20 nuclear

power units in India in next 20 years

Russia said that it is planning to set up more

than 20 nuclear power units in India in the next 20 years Prime Minister Narendra Modi visited

Russias Far Eastern city of Vladivostok and gave a joint statement at the 20th Annual Summit

between the two countries along with Russian

President Vladimir Putin by side The two sides exchanged numerous agreements including

military and technical cooperation energy and science LNG Business and LNG supplies and

natural gas in the presence of the two leaders

Read More

httpswwwlivemintcomnewsindiarussia-plans-to-set-

up-above-20-nuclear-power-units-in-india-in-next-20-

years-1567600889899html

India to spend as much as US$130 bn to

modernise military in next 7 years

India has finalized a road map to spend US$ 130 billion in the next five to seven years to

modernise the armed forces and bolster their combat capabilities over rivals in the region

according to an official document and military

sources

Read More

httpswwwibeforgnewsindia-to-spend-as-much-as-

us130-bn-to-modernise-military-in-next-7-years

India to achieve US$ 26 billion defence

industry by 2025 Defence Minister

Defence minister Rajnath Singh has said India

will achieve 26 Billion dollars Defence Industry

by 2025 Defence sector has been identified as one of the most prominent sectors under Make

in India initiative to realize 5 Trillion-dollar Economy by 2024 Investment of 10 billion US

dollar and creation of 23 million employment

opportunities is envisaged

Read More

httpwwwnewsonaircomMain-News-

Detailsaspxid=371717

Logistics

Hyderabad International Airport is worldrsquos

third fastest growing airport Report

The GMR Hyderabad International Airport has been featured as the third fastest growing airport

in the world in terms of passenger growth The Hyderabad Airport has been ranked third and

the second fastest growing airport in the world and India with over 15 Million Passengers Per

Annum

Read More

httpswwwthehindubusinesslinecomeconomylogistics

hyderabad-international-airport-is-worlds-third-fastest-

growing-airport-reportarticle29449734ece

INDIA BULLETIN | Consulate General of India Perth

Space

After Chandrayaan-2 India will send man to

space by December 2021 Isro chief

Isro chairman K Sivan said the country is moving

ahead to meet its target of sending man to space by December 2021 He asserted that though

Isros plan to soft land Chandrayaan-2s Vikram module on the lunar surface did not go as per

script it will have no bearing with on the Gaganyaan mission He said the mission has

achieved 98 per cent of its objectives

Read More

httpswwwlivemintcomsciencenewsindia-s-first-

manned-space-flight-by-december-2021-says-isro-chief-k-

sivan-1569132767491html

ISRO DRDO ink MoUs to provide

technologies for Human Space Mission

The Indian Space Research Organization (ISRO)

joined hands with Defence Research and Development Organization (DRDO) for

development of human-centric systems for the Human Space Mission to demonstrate its human

space flight capabilities ISRO aims to demonstrate human spaceflight capability before

the 75th anniversary of Indias independence in

2022

Read More

httpswwwbusiness-standardcomarticlenews-aniisro-

drdo-ink-mous-to-provide-technologies-for-human-space-

mission-119091701594_1html

Tourism

India ranked 34th on world travel tourism

competitiveness index Report

India has moved up six places to rank 34th on

world travel and tourism competitiveness index driven by rich natural and cultural resources

and strong price competitiveness a WEF report

Read More

httpswwwbusiness-standardcomarticlepti-

storiesindia-moves-up-6-places-to-34th-rank-on-world-

travel-tourism-competitiveness-index-wef-report-

119090400693_1html

Reduction of e-Tourist visa fee

bull A short duration e-visa for tourist with

one-month validity with visa fee of USD 25

has been introduced

bull To encourage off season (April-June)

tourism visa fee of USD 25 would be

reduced to USD10

bull Validity of regular e-visa with fee of USD

80 has been increased from current permissible 1 year to 5 years with multiple

entry

bull Fee for 1-year e-tourist visa has been

reduced from USD 80 to USD 40

Read More

httpsindianvisaonlinegovinevisatvoahtml

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 4: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

Sectors Companies

Centre to invest US$ 357 billion in fisheries

in 3-5 years

As part of the ambitious Blue Revolution project the Union government has lined up ₹25000

crore to invest in different segments of the

fisheries sector in the next three to five years

Read More

httpswwwthehindubusinesslinecommarketscommoditi

escentre-to-invest-25000-cr-in-fisheries-in-3-5-

yearsarticle29329285ece

With more than 7000 start-ups Delhi-NCR

emerges as Indias unicorn hub

Delhi-NCR has over 7000 start-ups 10

Unicorns and a cumulative valuation of US$50

billion Delhi-NCR will become one of the Top 5 Global Start-up hubs with 12000 start-ups 30

unicorns and cumulative valuation of about US$150 billion by 2025 Bengaluru has US$ 32-

37 bn Mumbai has US$ 10-12 bn

Read More

httpswwwbusinesstodayincurrentcorporatedelhi-ncr-

is-a-bigger-start-up-hubstory378304html

Warburg Pincus may buy Andhra Banks

205 stake in IndiaFirst says report

Warburg Pincus is in talks to buy a 205 per cent

stake in IndiaFirst Life Insurance from Andhra Bank Andhra Bank is looking to sell a partial

stake in the companyrdquo a person familiar with the deal was quoted as saying in the report The deal

if finalized will help Andhra Bank earn up to Rs 700 crore (US$ 10016 million) said sources who

were quoted in the report

Read More

httpswwwbusiness-

standardcomarticlecompanieswarburg-pincus-may-buy-

andhra-bank-s-20-5-stake-in-indiafirst-says-report-

119091600419_1html

Mother Dairy to recycle 832 tonnes of plastic

by March 2020

Mother Dairy a leading milk supplier in Delhi-

NCR said it will recycle 832 tonnes of plastic by March next year as part of its efforts to protect

environment Mother Dairy with the help of a Producer Responsibility Organization (PRO) has

collected and recycled around 1073 tonnes of

plastic waste till May 2019

Read More

httpswwwibeforgnewsmother-dairy-to-recycle-832-

tonnes-of-plastic-by-march-2020

INDIA BULLETIN | Consulate General of India Perth

OYO raises $1 bn from investors led by

Softbank firm now valued at $5 bn

Indian hospitality start-up OYO has raised a

massive $1 billion (Rs 7263 billion) from four

existing investors led by SoftBank The latest fundraising is estimated to value OYO which

operates in the budget hospitality space at around $5 billion (Rs 363 billion) a five-fold

increase since September last year when the last funding round took place OYO was not even a

unicorn (a start-up valued at $1 billion and

above) before this funding round

Read More

httpswwwbusiness-standardcomarticlecompaniesoyo-

raises-1-bn-from-investors-led-by-softbank-start-up-

valued-at-5-bn-118092500381_1html

12 Indian companies in Sustainability Index

of Dow

A dozen Indian companies have made it to the

Dow Jones Sustainability Index (DJSI) 2019 up

from 10 firms last year The DJSI assesses companies on corporate governance

environmental and social performance and sustainable business practices The companies

include Mahindra amp Mahindra Tata Motors Glenmark Havells India MampM Financial

services Godrej Consumer Products Hindalco Industries Tata Steel Infosys Tech Mahindra

and Wipro made it to the DJSI Emerging Markets

2019 Index

Read More

httpstimesofindiaindiatimescombusinessindia-

businessdow-jones-sustainability-index-now-has-12-desi-

cosarticleshow71301447cms

Lockheed to begin supplying F-16 wings from

Indian plant in 2020

Lockheed is bidding for a contract estimated at

more than $15 billion to supply the Indian Air Force with 114 combat planes and has offered to

shift its F-16 production line from the United States to India It plans to build an upgraded

version of the aircraft which it calls F-21 The

wings of all future F-16s that the company will sell worldwide will be produced in a joint venture

with Indiarsquos Tata Advanced Systems in the

southern city of Hyderabad

Read More

httpswwwreuterscomarticleus-lockheed-

indialockheed-to-begin-supplying-f-16-wings-from-

indian-plant-in-2020-idUSKBN1WB1W5

OnePlus expects to start manufacturing TVs

in India by early next year

OnePlus is currently in discussions for

partnering an OEM for local manufacturing in India India is the first market where OnePlus is

bringing its smart television

Read More

httpswwwlivemintcomtechnologytech-newsoneplus-

expects-to-start-manufacturing-tvs-in-india-by-early-next-

year-1569547430983html

INDIA BULLETIN | Consulate General of India Perth

Automobile

Hyundai plans to boost digital presence in

India to tap new age customers

South Korean auto major Hyundai is looking to

enhance digital presence in India so that its online channel can function as a key customer

acquisition point while running parallel to its

existing offline sales network

Read More

httpswwwbusiness-standardcomarticlepti-

storieshyundai-to-rev-up-digital-presence-to-tap-new-age-

customers-119090100371_1html

Honda Cars ties up with Orix to launch car

leasing service in India

Honda Cars India Ltd signed a lease with car renting company Orix with many benefits to

customers like comprehensive insurance plans maintenance packages tax management and

curated rentals

Read More

httpswwwnews18comnewsautohonda-cars-india-

announces-tie-up-with-orix-for-car-leasing-services-

2305265html

Retail

V-Mart to hire 2000 people invest US$ 164

million for 60 new stores in FY20

Value fashion and lifestyle products retailer V-Mart Retail would hire 2000 people and invest

Rs 115 crore this fiscal to expand its footprint The retailer which mainly operates in tier-II and

III cities plans to add around 60 stores this

fiscal taking its total count to 275

Read More

httpswwwbusiness-standardcomarticlecompaniesv-

mart-to-hire-2-000-people-invest-rs-115-crore-for-60-new-

stores-in-fy20-119090100287_1html

Biyanis FSC to invest Rs 1000 crore to boost

supply chain management

Future Supply Chain Solutions (FSC) promoted by Kishor Biyanis Future Enterprise Ltd has

chalked out a capital expenditure of Rs 1000 crore to ramp up its capacity to improve its third-

party logistics services to existing and new clients With this investment FSC Indias

leading organised third-party supply chain and logistics service provider plans to create India

Food Grid (IFG) a network of 38 integrated food

distribution centres providing pan India reach

Read More

httpswwwbusiness-

standardcomarticlecompaniesbiyani-s-fsc-to-invest-rs-

1-000-cr-to-boost-supply-chain-management-

119090300291_1html

INDIA BULLETIN | Consulate General of India Perth

Renewables

PM Modi vows to more than double Indias

non-fossil fuel target to 450 GW

Prime Minister Narendra Modi on gave a clarion call for a global peoples movement to bring

about a behavioural change to deal with climate change as he made a path-breaking pledge to

more than double Indias non-fossil fuel target to

450 gigawatts (GW) The time for talking is over The world needs to act now PM Modi asserted

193 solar panels were installed by India on UNs

rooftop

Read More

httpswwwindiatodayinindiastorypm-modi-vows-

more-double-india-non-fossil-fuel-target-450-gw-

1602422-2019-09-24

India 6th-Largest Investor in Renewable

Energy Study

With investments of $90 billion in renewable

energy over the last decade India is placed sixth in the list of countries that have made the most

investments in clean energy says a new study China US Japan Germany and UK are the top

five countries NTPC - the countryrsquos largest power

producer is planning to install two 5000MW ultra mega solar parks in Gujarat and Rajasthan

The locations have been identified the land acquisition process is set to begin soon while

bids from investors will be called for in March

2020

Read More

httpsweathercomen-INindianewsnews2019-09-05-

solar-park-investment-india-renewable-energy

Telangana to have 5 GW solar power capacity

by 2020

Telangana is on course to achieving 5 Giga Watts

(GW) of renewable energy capacity by next year and the state plans to come out with a tender for

setting up of about 1000 MW (1 GW) of solar

power generation capacity

Read More

httpswwwthehindubusinesslinecomeconomytelangana

-to-have-5-giga-watt-solar-power-capacity-by-

2020article29323051ece

Indiarsquos 5-Yr Power Plan Move Away from

Generation Focus on Supply

The countrys current installed power generation

capacity stands at 360000 Mw with thermal (coal and gas) contributing 250000 Mw The

current renewable power capacity is 80000 Mw India would need 6440 Mw of thermal power

during 2017-22

Read More

httpswwwibeforgnewsindias-5year-power-plan-move-

away-from-generation-focus-on-supply

INDIA BULLETIN | Consulate General of India Perth

Digital Technology Media

Google signs pact with IT ministry for Build

for Digital India

Tech giant Google has signed a statement of

intent with the Ministry of Electronics and IT (MeitY) for rolling out Build for Digital India

programme The programme will offer a platform to engineering students to develop market-ready

technology-based solutions that address key

social problems a release said

Read More

httpswwwmoneycontrolcomnewsbusinesscompanies

google-signs-pact-with-it-ministry-for-build-for-digital-

india-4393121html

Adani Group Reliance Industries to lock

horns for Indias data centres

Mukesh Ambani chairman and managing

director announced a partnership with Microsoft to launch data centres across India In January

the Adani Group committed to developing data

centres in Andhra Pradesh with Rs 70000 crore of investments in digital and energy

infrastructure Adani has made initial moves in businesses like petrochemicals natural gas and

petroleum retailing where RIL is an established player Data centres would be a new segment for

both

Read More

httpswwwibeforgnewsadani-group-reliance-

industries-to-lock-horns-for-indias-data-centres

Amazonrsquos bet on AI brings it big business and

serious competition in India

In a battle to dominate cloud computing services

Amazon Internet Services which provides Amazon Web Services (AWS) technology in India

is taking on rivals Google and Microsoft by wooing customers with its artificial intelligence

(AI) and machine learning (ML) technologies These customers range from top start-ups like

bike sharing firm Yulu hotel network OYO and

tea retailer chain Point to large conglomerates

such as Aditya Birla and Tata Motors

Read More

httpswwwibeforgnewsamazons-bet-on-ai-brings-it-

big-business-and-serious-competition-in-india

Infosys opens 6th innovation centre in US to

hire 1000 workers by 2023

Infosys has opened a technology and innovation centre in Arizona making it the sixth such centre

in the United States (US) The new centre will focus on autonomous technologies Internet of

Things (IoT) full-stack engineering data science

and cyber security

Read More

httpswwwibeforgnewsinfosys-opens-6th-innovation-

centre-in-us-to-hire-1000-workers-by-2023

INDIA BULLETIN | Consulate General of India Perth

Reliance Jio adds 85 million subscribers in

July Airtel gains 25 million users

Reliance Jio added 85 million subscribers in

July according to data from the Telecom

Regulatory Authority of India (Trai) Bharti Airtel reported 25 million subscribers exiting its

network Vodafone Idea had 34 million exits Jiorsquos highest reported monthly addition this year

has been 94 million in March

Read More

httpswwwbusiness-

standardcomarticlecompaniesreliance-jio-adds-8-5-mn-

subscribers-in-july-airtel-gains-2-5-mn-users-

119091801443_1html

Infosys is worlds third Best Regarded

Company

As many as 17 Indian companies including

Infosys TCS and HDFC have been named in the list of Worlds Best Regarded Companies

compiled by Forbes Infosys jumped to the third spot from 31st position in 2018 Indian

companies TCE (22nd position) amp Tata Motors

(31) featured among the top 50 in the coveted list

Read more

httpseconomictimesindiatimescomnewscompanycorp

orate-trendsinfosys-tcs-hdfc-among-17-indian-firms-in-

forbes-best-regarded-

companiesarticleshow71275653cms

Accenture Launches Experience Activation

Network to Power Growth for Worldrsquos Leading

Brands

Acenture has opened a center in Mumbai that

serves as the centerpiece of its new ldquoexperience activation networkrdquo a collection of state-of-the-

art sites worldwide that are dedicated to

powering brand experiences that deliver

marketing-led growth

Read More

httpswwwbusinesswirecomnewshome201909230058

16en

Eros Now announces collaboration with Microsoft to develop next generation online

video platform

Eros Now a South Asian entertainment OTT

(over-the-top) video platform by Eros

International Plc a Global Indian Entertainment Company the ultimate one-stop destination for

the internet generation to consume captivating content today announced a collaboration with

Microsoft to build a next generation online video platform on Microsoft Azure targeted at its

consumers across the globe This is a unique association for Microsoft in India in the online

video space

Read More

httpsnewsmicrosoftcomen-ineros-now-microsoft-

collaborate-next-generation-online-video-platform

INDIA BULLETIN | Consulate General of India Perth

Defence

Russia plans to set up more than 20 nuclear

power units in India in next 20 years

Russia said that it is planning to set up more

than 20 nuclear power units in India in the next 20 years Prime Minister Narendra Modi visited

Russias Far Eastern city of Vladivostok and gave a joint statement at the 20th Annual Summit

between the two countries along with Russian

President Vladimir Putin by side The two sides exchanged numerous agreements including

military and technical cooperation energy and science LNG Business and LNG supplies and

natural gas in the presence of the two leaders

Read More

httpswwwlivemintcomnewsindiarussia-plans-to-set-

up-above-20-nuclear-power-units-in-india-in-next-20-

years-1567600889899html

India to spend as much as US$130 bn to

modernise military in next 7 years

India has finalized a road map to spend US$ 130 billion in the next five to seven years to

modernise the armed forces and bolster their combat capabilities over rivals in the region

according to an official document and military

sources

Read More

httpswwwibeforgnewsindia-to-spend-as-much-as-

us130-bn-to-modernise-military-in-next-7-years

India to achieve US$ 26 billion defence

industry by 2025 Defence Minister

Defence minister Rajnath Singh has said India

will achieve 26 Billion dollars Defence Industry

by 2025 Defence sector has been identified as one of the most prominent sectors under Make

in India initiative to realize 5 Trillion-dollar Economy by 2024 Investment of 10 billion US

dollar and creation of 23 million employment

opportunities is envisaged

Read More

httpwwwnewsonaircomMain-News-

Detailsaspxid=371717

Logistics

Hyderabad International Airport is worldrsquos

third fastest growing airport Report

The GMR Hyderabad International Airport has been featured as the third fastest growing airport

in the world in terms of passenger growth The Hyderabad Airport has been ranked third and

the second fastest growing airport in the world and India with over 15 Million Passengers Per

Annum

Read More

httpswwwthehindubusinesslinecomeconomylogistics

hyderabad-international-airport-is-worlds-third-fastest-

growing-airport-reportarticle29449734ece

INDIA BULLETIN | Consulate General of India Perth

Space

After Chandrayaan-2 India will send man to

space by December 2021 Isro chief

Isro chairman K Sivan said the country is moving

ahead to meet its target of sending man to space by December 2021 He asserted that though

Isros plan to soft land Chandrayaan-2s Vikram module on the lunar surface did not go as per

script it will have no bearing with on the Gaganyaan mission He said the mission has

achieved 98 per cent of its objectives

Read More

httpswwwlivemintcomsciencenewsindia-s-first-

manned-space-flight-by-december-2021-says-isro-chief-k-

sivan-1569132767491html

ISRO DRDO ink MoUs to provide

technologies for Human Space Mission

The Indian Space Research Organization (ISRO)

joined hands with Defence Research and Development Organization (DRDO) for

development of human-centric systems for the Human Space Mission to demonstrate its human

space flight capabilities ISRO aims to demonstrate human spaceflight capability before

the 75th anniversary of Indias independence in

2022

Read More

httpswwwbusiness-standardcomarticlenews-aniisro-

drdo-ink-mous-to-provide-technologies-for-human-space-

mission-119091701594_1html

Tourism

India ranked 34th on world travel tourism

competitiveness index Report

India has moved up six places to rank 34th on

world travel and tourism competitiveness index driven by rich natural and cultural resources

and strong price competitiveness a WEF report

Read More

httpswwwbusiness-standardcomarticlepti-

storiesindia-moves-up-6-places-to-34th-rank-on-world-

travel-tourism-competitiveness-index-wef-report-

119090400693_1html

Reduction of e-Tourist visa fee

bull A short duration e-visa for tourist with

one-month validity with visa fee of USD 25

has been introduced

bull To encourage off season (April-June)

tourism visa fee of USD 25 would be

reduced to USD10

bull Validity of regular e-visa with fee of USD

80 has been increased from current permissible 1 year to 5 years with multiple

entry

bull Fee for 1-year e-tourist visa has been

reduced from USD 80 to USD 40

Read More

httpsindianvisaonlinegovinevisatvoahtml

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 5: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

OYO raises $1 bn from investors led by

Softbank firm now valued at $5 bn

Indian hospitality start-up OYO has raised a

massive $1 billion (Rs 7263 billion) from four

existing investors led by SoftBank The latest fundraising is estimated to value OYO which

operates in the budget hospitality space at around $5 billion (Rs 363 billion) a five-fold

increase since September last year when the last funding round took place OYO was not even a

unicorn (a start-up valued at $1 billion and

above) before this funding round

Read More

httpswwwbusiness-standardcomarticlecompaniesoyo-

raises-1-bn-from-investors-led-by-softbank-start-up-

valued-at-5-bn-118092500381_1html

12 Indian companies in Sustainability Index

of Dow

A dozen Indian companies have made it to the

Dow Jones Sustainability Index (DJSI) 2019 up

from 10 firms last year The DJSI assesses companies on corporate governance

environmental and social performance and sustainable business practices The companies

include Mahindra amp Mahindra Tata Motors Glenmark Havells India MampM Financial

services Godrej Consumer Products Hindalco Industries Tata Steel Infosys Tech Mahindra

and Wipro made it to the DJSI Emerging Markets

2019 Index

Read More

httpstimesofindiaindiatimescombusinessindia-

businessdow-jones-sustainability-index-now-has-12-desi-

cosarticleshow71301447cms

Lockheed to begin supplying F-16 wings from

Indian plant in 2020

Lockheed is bidding for a contract estimated at

more than $15 billion to supply the Indian Air Force with 114 combat planes and has offered to

shift its F-16 production line from the United States to India It plans to build an upgraded

version of the aircraft which it calls F-21 The

wings of all future F-16s that the company will sell worldwide will be produced in a joint venture

with Indiarsquos Tata Advanced Systems in the

southern city of Hyderabad

Read More

httpswwwreuterscomarticleus-lockheed-

indialockheed-to-begin-supplying-f-16-wings-from-

indian-plant-in-2020-idUSKBN1WB1W5

OnePlus expects to start manufacturing TVs

in India by early next year

OnePlus is currently in discussions for

partnering an OEM for local manufacturing in India India is the first market where OnePlus is

bringing its smart television

Read More

httpswwwlivemintcomtechnologytech-newsoneplus-

expects-to-start-manufacturing-tvs-in-india-by-early-next-

year-1569547430983html

INDIA BULLETIN | Consulate General of India Perth

Automobile

Hyundai plans to boost digital presence in

India to tap new age customers

South Korean auto major Hyundai is looking to

enhance digital presence in India so that its online channel can function as a key customer

acquisition point while running parallel to its

existing offline sales network

Read More

httpswwwbusiness-standardcomarticlepti-

storieshyundai-to-rev-up-digital-presence-to-tap-new-age-

customers-119090100371_1html

Honda Cars ties up with Orix to launch car

leasing service in India

Honda Cars India Ltd signed a lease with car renting company Orix with many benefits to

customers like comprehensive insurance plans maintenance packages tax management and

curated rentals

Read More

httpswwwnews18comnewsautohonda-cars-india-

announces-tie-up-with-orix-for-car-leasing-services-

2305265html

Retail

V-Mart to hire 2000 people invest US$ 164

million for 60 new stores in FY20

Value fashion and lifestyle products retailer V-Mart Retail would hire 2000 people and invest

Rs 115 crore this fiscal to expand its footprint The retailer which mainly operates in tier-II and

III cities plans to add around 60 stores this

fiscal taking its total count to 275

Read More

httpswwwbusiness-standardcomarticlecompaniesv-

mart-to-hire-2-000-people-invest-rs-115-crore-for-60-new-

stores-in-fy20-119090100287_1html

Biyanis FSC to invest Rs 1000 crore to boost

supply chain management

Future Supply Chain Solutions (FSC) promoted by Kishor Biyanis Future Enterprise Ltd has

chalked out a capital expenditure of Rs 1000 crore to ramp up its capacity to improve its third-

party logistics services to existing and new clients With this investment FSC Indias

leading organised third-party supply chain and logistics service provider plans to create India

Food Grid (IFG) a network of 38 integrated food

distribution centres providing pan India reach

Read More

httpswwwbusiness-

standardcomarticlecompaniesbiyani-s-fsc-to-invest-rs-

1-000-cr-to-boost-supply-chain-management-

119090300291_1html

INDIA BULLETIN | Consulate General of India Perth

Renewables

PM Modi vows to more than double Indias

non-fossil fuel target to 450 GW

Prime Minister Narendra Modi on gave a clarion call for a global peoples movement to bring

about a behavioural change to deal with climate change as he made a path-breaking pledge to

more than double Indias non-fossil fuel target to

450 gigawatts (GW) The time for talking is over The world needs to act now PM Modi asserted

193 solar panels were installed by India on UNs

rooftop

Read More

httpswwwindiatodayinindiastorypm-modi-vows-

more-double-india-non-fossil-fuel-target-450-gw-

1602422-2019-09-24

India 6th-Largest Investor in Renewable

Energy Study

With investments of $90 billion in renewable

energy over the last decade India is placed sixth in the list of countries that have made the most

investments in clean energy says a new study China US Japan Germany and UK are the top

five countries NTPC - the countryrsquos largest power

producer is planning to install two 5000MW ultra mega solar parks in Gujarat and Rajasthan

The locations have been identified the land acquisition process is set to begin soon while

bids from investors will be called for in March

2020

Read More

httpsweathercomen-INindianewsnews2019-09-05-

solar-park-investment-india-renewable-energy

Telangana to have 5 GW solar power capacity

by 2020

Telangana is on course to achieving 5 Giga Watts

(GW) of renewable energy capacity by next year and the state plans to come out with a tender for

setting up of about 1000 MW (1 GW) of solar

power generation capacity

Read More

httpswwwthehindubusinesslinecomeconomytelangana

-to-have-5-giga-watt-solar-power-capacity-by-

2020article29323051ece

Indiarsquos 5-Yr Power Plan Move Away from

Generation Focus on Supply

The countrys current installed power generation

capacity stands at 360000 Mw with thermal (coal and gas) contributing 250000 Mw The

current renewable power capacity is 80000 Mw India would need 6440 Mw of thermal power

during 2017-22

Read More

httpswwwibeforgnewsindias-5year-power-plan-move-

away-from-generation-focus-on-supply

INDIA BULLETIN | Consulate General of India Perth

Digital Technology Media

Google signs pact with IT ministry for Build

for Digital India

Tech giant Google has signed a statement of

intent with the Ministry of Electronics and IT (MeitY) for rolling out Build for Digital India

programme The programme will offer a platform to engineering students to develop market-ready

technology-based solutions that address key

social problems a release said

Read More

httpswwwmoneycontrolcomnewsbusinesscompanies

google-signs-pact-with-it-ministry-for-build-for-digital-

india-4393121html

Adani Group Reliance Industries to lock

horns for Indias data centres

Mukesh Ambani chairman and managing

director announced a partnership with Microsoft to launch data centres across India In January

the Adani Group committed to developing data

centres in Andhra Pradesh with Rs 70000 crore of investments in digital and energy

infrastructure Adani has made initial moves in businesses like petrochemicals natural gas and

petroleum retailing where RIL is an established player Data centres would be a new segment for

both

Read More

httpswwwibeforgnewsadani-group-reliance-

industries-to-lock-horns-for-indias-data-centres

Amazonrsquos bet on AI brings it big business and

serious competition in India

In a battle to dominate cloud computing services

Amazon Internet Services which provides Amazon Web Services (AWS) technology in India

is taking on rivals Google and Microsoft by wooing customers with its artificial intelligence

(AI) and machine learning (ML) technologies These customers range from top start-ups like

bike sharing firm Yulu hotel network OYO and

tea retailer chain Point to large conglomerates

such as Aditya Birla and Tata Motors

Read More

httpswwwibeforgnewsamazons-bet-on-ai-brings-it-

big-business-and-serious-competition-in-india

Infosys opens 6th innovation centre in US to

hire 1000 workers by 2023

Infosys has opened a technology and innovation centre in Arizona making it the sixth such centre

in the United States (US) The new centre will focus on autonomous technologies Internet of

Things (IoT) full-stack engineering data science

and cyber security

Read More

httpswwwibeforgnewsinfosys-opens-6th-innovation-

centre-in-us-to-hire-1000-workers-by-2023

INDIA BULLETIN | Consulate General of India Perth

Reliance Jio adds 85 million subscribers in

July Airtel gains 25 million users

Reliance Jio added 85 million subscribers in

July according to data from the Telecom

Regulatory Authority of India (Trai) Bharti Airtel reported 25 million subscribers exiting its

network Vodafone Idea had 34 million exits Jiorsquos highest reported monthly addition this year

has been 94 million in March

Read More

httpswwwbusiness-

standardcomarticlecompaniesreliance-jio-adds-8-5-mn-

subscribers-in-july-airtel-gains-2-5-mn-users-

119091801443_1html

Infosys is worlds third Best Regarded

Company

As many as 17 Indian companies including

Infosys TCS and HDFC have been named in the list of Worlds Best Regarded Companies

compiled by Forbes Infosys jumped to the third spot from 31st position in 2018 Indian

companies TCE (22nd position) amp Tata Motors

(31) featured among the top 50 in the coveted list

Read more

httpseconomictimesindiatimescomnewscompanycorp

orate-trendsinfosys-tcs-hdfc-among-17-indian-firms-in-

forbes-best-regarded-

companiesarticleshow71275653cms

Accenture Launches Experience Activation

Network to Power Growth for Worldrsquos Leading

Brands

Acenture has opened a center in Mumbai that

serves as the centerpiece of its new ldquoexperience activation networkrdquo a collection of state-of-the-

art sites worldwide that are dedicated to

powering brand experiences that deliver

marketing-led growth

Read More

httpswwwbusinesswirecomnewshome201909230058

16en

Eros Now announces collaboration with Microsoft to develop next generation online

video platform

Eros Now a South Asian entertainment OTT

(over-the-top) video platform by Eros

International Plc a Global Indian Entertainment Company the ultimate one-stop destination for

the internet generation to consume captivating content today announced a collaboration with

Microsoft to build a next generation online video platform on Microsoft Azure targeted at its

consumers across the globe This is a unique association for Microsoft in India in the online

video space

Read More

httpsnewsmicrosoftcomen-ineros-now-microsoft-

collaborate-next-generation-online-video-platform

INDIA BULLETIN | Consulate General of India Perth

Defence

Russia plans to set up more than 20 nuclear

power units in India in next 20 years

Russia said that it is planning to set up more

than 20 nuclear power units in India in the next 20 years Prime Minister Narendra Modi visited

Russias Far Eastern city of Vladivostok and gave a joint statement at the 20th Annual Summit

between the two countries along with Russian

President Vladimir Putin by side The two sides exchanged numerous agreements including

military and technical cooperation energy and science LNG Business and LNG supplies and

natural gas in the presence of the two leaders

Read More

httpswwwlivemintcomnewsindiarussia-plans-to-set-

up-above-20-nuclear-power-units-in-india-in-next-20-

years-1567600889899html

India to spend as much as US$130 bn to

modernise military in next 7 years

India has finalized a road map to spend US$ 130 billion in the next five to seven years to

modernise the armed forces and bolster their combat capabilities over rivals in the region

according to an official document and military

sources

Read More

httpswwwibeforgnewsindia-to-spend-as-much-as-

us130-bn-to-modernise-military-in-next-7-years

India to achieve US$ 26 billion defence

industry by 2025 Defence Minister

Defence minister Rajnath Singh has said India

will achieve 26 Billion dollars Defence Industry

by 2025 Defence sector has been identified as one of the most prominent sectors under Make

in India initiative to realize 5 Trillion-dollar Economy by 2024 Investment of 10 billion US

dollar and creation of 23 million employment

opportunities is envisaged

Read More

httpwwwnewsonaircomMain-News-

Detailsaspxid=371717

Logistics

Hyderabad International Airport is worldrsquos

third fastest growing airport Report

The GMR Hyderabad International Airport has been featured as the third fastest growing airport

in the world in terms of passenger growth The Hyderabad Airport has been ranked third and

the second fastest growing airport in the world and India with over 15 Million Passengers Per

Annum

Read More

httpswwwthehindubusinesslinecomeconomylogistics

hyderabad-international-airport-is-worlds-third-fastest-

growing-airport-reportarticle29449734ece

INDIA BULLETIN | Consulate General of India Perth

Space

After Chandrayaan-2 India will send man to

space by December 2021 Isro chief

Isro chairman K Sivan said the country is moving

ahead to meet its target of sending man to space by December 2021 He asserted that though

Isros plan to soft land Chandrayaan-2s Vikram module on the lunar surface did not go as per

script it will have no bearing with on the Gaganyaan mission He said the mission has

achieved 98 per cent of its objectives

Read More

httpswwwlivemintcomsciencenewsindia-s-first-

manned-space-flight-by-december-2021-says-isro-chief-k-

sivan-1569132767491html

ISRO DRDO ink MoUs to provide

technologies for Human Space Mission

The Indian Space Research Organization (ISRO)

joined hands with Defence Research and Development Organization (DRDO) for

development of human-centric systems for the Human Space Mission to demonstrate its human

space flight capabilities ISRO aims to demonstrate human spaceflight capability before

the 75th anniversary of Indias independence in

2022

Read More

httpswwwbusiness-standardcomarticlenews-aniisro-

drdo-ink-mous-to-provide-technologies-for-human-space-

mission-119091701594_1html

Tourism

India ranked 34th on world travel tourism

competitiveness index Report

India has moved up six places to rank 34th on

world travel and tourism competitiveness index driven by rich natural and cultural resources

and strong price competitiveness a WEF report

Read More

httpswwwbusiness-standardcomarticlepti-

storiesindia-moves-up-6-places-to-34th-rank-on-world-

travel-tourism-competitiveness-index-wef-report-

119090400693_1html

Reduction of e-Tourist visa fee

bull A short duration e-visa for tourist with

one-month validity with visa fee of USD 25

has been introduced

bull To encourage off season (April-June)

tourism visa fee of USD 25 would be

reduced to USD10

bull Validity of regular e-visa with fee of USD

80 has been increased from current permissible 1 year to 5 years with multiple

entry

bull Fee for 1-year e-tourist visa has been

reduced from USD 80 to USD 40

Read More

httpsindianvisaonlinegovinevisatvoahtml

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 6: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

Automobile

Hyundai plans to boost digital presence in

India to tap new age customers

South Korean auto major Hyundai is looking to

enhance digital presence in India so that its online channel can function as a key customer

acquisition point while running parallel to its

existing offline sales network

Read More

httpswwwbusiness-standardcomarticlepti-

storieshyundai-to-rev-up-digital-presence-to-tap-new-age-

customers-119090100371_1html

Honda Cars ties up with Orix to launch car

leasing service in India

Honda Cars India Ltd signed a lease with car renting company Orix with many benefits to

customers like comprehensive insurance plans maintenance packages tax management and

curated rentals

Read More

httpswwwnews18comnewsautohonda-cars-india-

announces-tie-up-with-orix-for-car-leasing-services-

2305265html

Retail

V-Mart to hire 2000 people invest US$ 164

million for 60 new stores in FY20

Value fashion and lifestyle products retailer V-Mart Retail would hire 2000 people and invest

Rs 115 crore this fiscal to expand its footprint The retailer which mainly operates in tier-II and

III cities plans to add around 60 stores this

fiscal taking its total count to 275

Read More

httpswwwbusiness-standardcomarticlecompaniesv-

mart-to-hire-2-000-people-invest-rs-115-crore-for-60-new-

stores-in-fy20-119090100287_1html

Biyanis FSC to invest Rs 1000 crore to boost

supply chain management

Future Supply Chain Solutions (FSC) promoted by Kishor Biyanis Future Enterprise Ltd has

chalked out a capital expenditure of Rs 1000 crore to ramp up its capacity to improve its third-

party logistics services to existing and new clients With this investment FSC Indias

leading organised third-party supply chain and logistics service provider plans to create India

Food Grid (IFG) a network of 38 integrated food

distribution centres providing pan India reach

Read More

httpswwwbusiness-

standardcomarticlecompaniesbiyani-s-fsc-to-invest-rs-

1-000-cr-to-boost-supply-chain-management-

119090300291_1html

INDIA BULLETIN | Consulate General of India Perth

Renewables

PM Modi vows to more than double Indias

non-fossil fuel target to 450 GW

Prime Minister Narendra Modi on gave a clarion call for a global peoples movement to bring

about a behavioural change to deal with climate change as he made a path-breaking pledge to

more than double Indias non-fossil fuel target to

450 gigawatts (GW) The time for talking is over The world needs to act now PM Modi asserted

193 solar panels were installed by India on UNs

rooftop

Read More

httpswwwindiatodayinindiastorypm-modi-vows-

more-double-india-non-fossil-fuel-target-450-gw-

1602422-2019-09-24

India 6th-Largest Investor in Renewable

Energy Study

With investments of $90 billion in renewable

energy over the last decade India is placed sixth in the list of countries that have made the most

investments in clean energy says a new study China US Japan Germany and UK are the top

five countries NTPC - the countryrsquos largest power

producer is planning to install two 5000MW ultra mega solar parks in Gujarat and Rajasthan

The locations have been identified the land acquisition process is set to begin soon while

bids from investors will be called for in March

2020

Read More

httpsweathercomen-INindianewsnews2019-09-05-

solar-park-investment-india-renewable-energy

Telangana to have 5 GW solar power capacity

by 2020

Telangana is on course to achieving 5 Giga Watts

(GW) of renewable energy capacity by next year and the state plans to come out with a tender for

setting up of about 1000 MW (1 GW) of solar

power generation capacity

Read More

httpswwwthehindubusinesslinecomeconomytelangana

-to-have-5-giga-watt-solar-power-capacity-by-

2020article29323051ece

Indiarsquos 5-Yr Power Plan Move Away from

Generation Focus on Supply

The countrys current installed power generation

capacity stands at 360000 Mw with thermal (coal and gas) contributing 250000 Mw The

current renewable power capacity is 80000 Mw India would need 6440 Mw of thermal power

during 2017-22

Read More

httpswwwibeforgnewsindias-5year-power-plan-move-

away-from-generation-focus-on-supply

INDIA BULLETIN | Consulate General of India Perth

Digital Technology Media

Google signs pact with IT ministry for Build

for Digital India

Tech giant Google has signed a statement of

intent with the Ministry of Electronics and IT (MeitY) for rolling out Build for Digital India

programme The programme will offer a platform to engineering students to develop market-ready

technology-based solutions that address key

social problems a release said

Read More

httpswwwmoneycontrolcomnewsbusinesscompanies

google-signs-pact-with-it-ministry-for-build-for-digital-

india-4393121html

Adani Group Reliance Industries to lock

horns for Indias data centres

Mukesh Ambani chairman and managing

director announced a partnership with Microsoft to launch data centres across India In January

the Adani Group committed to developing data

centres in Andhra Pradesh with Rs 70000 crore of investments in digital and energy

infrastructure Adani has made initial moves in businesses like petrochemicals natural gas and

petroleum retailing where RIL is an established player Data centres would be a new segment for

both

Read More

httpswwwibeforgnewsadani-group-reliance-

industries-to-lock-horns-for-indias-data-centres

Amazonrsquos bet on AI brings it big business and

serious competition in India

In a battle to dominate cloud computing services

Amazon Internet Services which provides Amazon Web Services (AWS) technology in India

is taking on rivals Google and Microsoft by wooing customers with its artificial intelligence

(AI) and machine learning (ML) technologies These customers range from top start-ups like

bike sharing firm Yulu hotel network OYO and

tea retailer chain Point to large conglomerates

such as Aditya Birla and Tata Motors

Read More

httpswwwibeforgnewsamazons-bet-on-ai-brings-it-

big-business-and-serious-competition-in-india

Infosys opens 6th innovation centre in US to

hire 1000 workers by 2023

Infosys has opened a technology and innovation centre in Arizona making it the sixth such centre

in the United States (US) The new centre will focus on autonomous technologies Internet of

Things (IoT) full-stack engineering data science

and cyber security

Read More

httpswwwibeforgnewsinfosys-opens-6th-innovation-

centre-in-us-to-hire-1000-workers-by-2023

INDIA BULLETIN | Consulate General of India Perth

Reliance Jio adds 85 million subscribers in

July Airtel gains 25 million users

Reliance Jio added 85 million subscribers in

July according to data from the Telecom

Regulatory Authority of India (Trai) Bharti Airtel reported 25 million subscribers exiting its

network Vodafone Idea had 34 million exits Jiorsquos highest reported monthly addition this year

has been 94 million in March

Read More

httpswwwbusiness-

standardcomarticlecompaniesreliance-jio-adds-8-5-mn-

subscribers-in-july-airtel-gains-2-5-mn-users-

119091801443_1html

Infosys is worlds third Best Regarded

Company

As many as 17 Indian companies including

Infosys TCS and HDFC have been named in the list of Worlds Best Regarded Companies

compiled by Forbes Infosys jumped to the third spot from 31st position in 2018 Indian

companies TCE (22nd position) amp Tata Motors

(31) featured among the top 50 in the coveted list

Read more

httpseconomictimesindiatimescomnewscompanycorp

orate-trendsinfosys-tcs-hdfc-among-17-indian-firms-in-

forbes-best-regarded-

companiesarticleshow71275653cms

Accenture Launches Experience Activation

Network to Power Growth for Worldrsquos Leading

Brands

Acenture has opened a center in Mumbai that

serves as the centerpiece of its new ldquoexperience activation networkrdquo a collection of state-of-the-

art sites worldwide that are dedicated to

powering brand experiences that deliver

marketing-led growth

Read More

httpswwwbusinesswirecomnewshome201909230058

16en

Eros Now announces collaboration with Microsoft to develop next generation online

video platform

Eros Now a South Asian entertainment OTT

(over-the-top) video platform by Eros

International Plc a Global Indian Entertainment Company the ultimate one-stop destination for

the internet generation to consume captivating content today announced a collaboration with

Microsoft to build a next generation online video platform on Microsoft Azure targeted at its

consumers across the globe This is a unique association for Microsoft in India in the online

video space

Read More

httpsnewsmicrosoftcomen-ineros-now-microsoft-

collaborate-next-generation-online-video-platform

INDIA BULLETIN | Consulate General of India Perth

Defence

Russia plans to set up more than 20 nuclear

power units in India in next 20 years

Russia said that it is planning to set up more

than 20 nuclear power units in India in the next 20 years Prime Minister Narendra Modi visited

Russias Far Eastern city of Vladivostok and gave a joint statement at the 20th Annual Summit

between the two countries along with Russian

President Vladimir Putin by side The two sides exchanged numerous agreements including

military and technical cooperation energy and science LNG Business and LNG supplies and

natural gas in the presence of the two leaders

Read More

httpswwwlivemintcomnewsindiarussia-plans-to-set-

up-above-20-nuclear-power-units-in-india-in-next-20-

years-1567600889899html

India to spend as much as US$130 bn to

modernise military in next 7 years

India has finalized a road map to spend US$ 130 billion in the next five to seven years to

modernise the armed forces and bolster their combat capabilities over rivals in the region

according to an official document and military

sources

Read More

httpswwwibeforgnewsindia-to-spend-as-much-as-

us130-bn-to-modernise-military-in-next-7-years

India to achieve US$ 26 billion defence

industry by 2025 Defence Minister

Defence minister Rajnath Singh has said India

will achieve 26 Billion dollars Defence Industry

by 2025 Defence sector has been identified as one of the most prominent sectors under Make

in India initiative to realize 5 Trillion-dollar Economy by 2024 Investment of 10 billion US

dollar and creation of 23 million employment

opportunities is envisaged

Read More

httpwwwnewsonaircomMain-News-

Detailsaspxid=371717

Logistics

Hyderabad International Airport is worldrsquos

third fastest growing airport Report

The GMR Hyderabad International Airport has been featured as the third fastest growing airport

in the world in terms of passenger growth The Hyderabad Airport has been ranked third and

the second fastest growing airport in the world and India with over 15 Million Passengers Per

Annum

Read More

httpswwwthehindubusinesslinecomeconomylogistics

hyderabad-international-airport-is-worlds-third-fastest-

growing-airport-reportarticle29449734ece

INDIA BULLETIN | Consulate General of India Perth

Space

After Chandrayaan-2 India will send man to

space by December 2021 Isro chief

Isro chairman K Sivan said the country is moving

ahead to meet its target of sending man to space by December 2021 He asserted that though

Isros plan to soft land Chandrayaan-2s Vikram module on the lunar surface did not go as per

script it will have no bearing with on the Gaganyaan mission He said the mission has

achieved 98 per cent of its objectives

Read More

httpswwwlivemintcomsciencenewsindia-s-first-

manned-space-flight-by-december-2021-says-isro-chief-k-

sivan-1569132767491html

ISRO DRDO ink MoUs to provide

technologies for Human Space Mission

The Indian Space Research Organization (ISRO)

joined hands with Defence Research and Development Organization (DRDO) for

development of human-centric systems for the Human Space Mission to demonstrate its human

space flight capabilities ISRO aims to demonstrate human spaceflight capability before

the 75th anniversary of Indias independence in

2022

Read More

httpswwwbusiness-standardcomarticlenews-aniisro-

drdo-ink-mous-to-provide-technologies-for-human-space-

mission-119091701594_1html

Tourism

India ranked 34th on world travel tourism

competitiveness index Report

India has moved up six places to rank 34th on

world travel and tourism competitiveness index driven by rich natural and cultural resources

and strong price competitiveness a WEF report

Read More

httpswwwbusiness-standardcomarticlepti-

storiesindia-moves-up-6-places-to-34th-rank-on-world-

travel-tourism-competitiveness-index-wef-report-

119090400693_1html

Reduction of e-Tourist visa fee

bull A short duration e-visa for tourist with

one-month validity with visa fee of USD 25

has been introduced

bull To encourage off season (April-June)

tourism visa fee of USD 25 would be

reduced to USD10

bull Validity of regular e-visa with fee of USD

80 has been increased from current permissible 1 year to 5 years with multiple

entry

bull Fee for 1-year e-tourist visa has been

reduced from USD 80 to USD 40

Read More

httpsindianvisaonlinegovinevisatvoahtml

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 7: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

Renewables

PM Modi vows to more than double Indias

non-fossil fuel target to 450 GW

Prime Minister Narendra Modi on gave a clarion call for a global peoples movement to bring

about a behavioural change to deal with climate change as he made a path-breaking pledge to

more than double Indias non-fossil fuel target to

450 gigawatts (GW) The time for talking is over The world needs to act now PM Modi asserted

193 solar panels were installed by India on UNs

rooftop

Read More

httpswwwindiatodayinindiastorypm-modi-vows-

more-double-india-non-fossil-fuel-target-450-gw-

1602422-2019-09-24

India 6th-Largest Investor in Renewable

Energy Study

With investments of $90 billion in renewable

energy over the last decade India is placed sixth in the list of countries that have made the most

investments in clean energy says a new study China US Japan Germany and UK are the top

five countries NTPC - the countryrsquos largest power

producer is planning to install two 5000MW ultra mega solar parks in Gujarat and Rajasthan

The locations have been identified the land acquisition process is set to begin soon while

bids from investors will be called for in March

2020

Read More

httpsweathercomen-INindianewsnews2019-09-05-

solar-park-investment-india-renewable-energy

Telangana to have 5 GW solar power capacity

by 2020

Telangana is on course to achieving 5 Giga Watts

(GW) of renewable energy capacity by next year and the state plans to come out with a tender for

setting up of about 1000 MW (1 GW) of solar

power generation capacity

Read More

httpswwwthehindubusinesslinecomeconomytelangana

-to-have-5-giga-watt-solar-power-capacity-by-

2020article29323051ece

Indiarsquos 5-Yr Power Plan Move Away from

Generation Focus on Supply

The countrys current installed power generation

capacity stands at 360000 Mw with thermal (coal and gas) contributing 250000 Mw The

current renewable power capacity is 80000 Mw India would need 6440 Mw of thermal power

during 2017-22

Read More

httpswwwibeforgnewsindias-5year-power-plan-move-

away-from-generation-focus-on-supply

INDIA BULLETIN | Consulate General of India Perth

Digital Technology Media

Google signs pact with IT ministry for Build

for Digital India

Tech giant Google has signed a statement of

intent with the Ministry of Electronics and IT (MeitY) for rolling out Build for Digital India

programme The programme will offer a platform to engineering students to develop market-ready

technology-based solutions that address key

social problems a release said

Read More

httpswwwmoneycontrolcomnewsbusinesscompanies

google-signs-pact-with-it-ministry-for-build-for-digital-

india-4393121html

Adani Group Reliance Industries to lock

horns for Indias data centres

Mukesh Ambani chairman and managing

director announced a partnership with Microsoft to launch data centres across India In January

the Adani Group committed to developing data

centres in Andhra Pradesh with Rs 70000 crore of investments in digital and energy

infrastructure Adani has made initial moves in businesses like petrochemicals natural gas and

petroleum retailing where RIL is an established player Data centres would be a new segment for

both

Read More

httpswwwibeforgnewsadani-group-reliance-

industries-to-lock-horns-for-indias-data-centres

Amazonrsquos bet on AI brings it big business and

serious competition in India

In a battle to dominate cloud computing services

Amazon Internet Services which provides Amazon Web Services (AWS) technology in India

is taking on rivals Google and Microsoft by wooing customers with its artificial intelligence

(AI) and machine learning (ML) technologies These customers range from top start-ups like

bike sharing firm Yulu hotel network OYO and

tea retailer chain Point to large conglomerates

such as Aditya Birla and Tata Motors

Read More

httpswwwibeforgnewsamazons-bet-on-ai-brings-it-

big-business-and-serious-competition-in-india

Infosys opens 6th innovation centre in US to

hire 1000 workers by 2023

Infosys has opened a technology and innovation centre in Arizona making it the sixth such centre

in the United States (US) The new centre will focus on autonomous technologies Internet of

Things (IoT) full-stack engineering data science

and cyber security

Read More

httpswwwibeforgnewsinfosys-opens-6th-innovation-

centre-in-us-to-hire-1000-workers-by-2023

INDIA BULLETIN | Consulate General of India Perth

Reliance Jio adds 85 million subscribers in

July Airtel gains 25 million users

Reliance Jio added 85 million subscribers in

July according to data from the Telecom

Regulatory Authority of India (Trai) Bharti Airtel reported 25 million subscribers exiting its

network Vodafone Idea had 34 million exits Jiorsquos highest reported monthly addition this year

has been 94 million in March

Read More

httpswwwbusiness-

standardcomarticlecompaniesreliance-jio-adds-8-5-mn-

subscribers-in-july-airtel-gains-2-5-mn-users-

119091801443_1html

Infosys is worlds third Best Regarded

Company

As many as 17 Indian companies including

Infosys TCS and HDFC have been named in the list of Worlds Best Regarded Companies

compiled by Forbes Infosys jumped to the third spot from 31st position in 2018 Indian

companies TCE (22nd position) amp Tata Motors

(31) featured among the top 50 in the coveted list

Read more

httpseconomictimesindiatimescomnewscompanycorp

orate-trendsinfosys-tcs-hdfc-among-17-indian-firms-in-

forbes-best-regarded-

companiesarticleshow71275653cms

Accenture Launches Experience Activation

Network to Power Growth for Worldrsquos Leading

Brands

Acenture has opened a center in Mumbai that

serves as the centerpiece of its new ldquoexperience activation networkrdquo a collection of state-of-the-

art sites worldwide that are dedicated to

powering brand experiences that deliver

marketing-led growth

Read More

httpswwwbusinesswirecomnewshome201909230058

16en

Eros Now announces collaboration with Microsoft to develop next generation online

video platform

Eros Now a South Asian entertainment OTT

(over-the-top) video platform by Eros

International Plc a Global Indian Entertainment Company the ultimate one-stop destination for

the internet generation to consume captivating content today announced a collaboration with

Microsoft to build a next generation online video platform on Microsoft Azure targeted at its

consumers across the globe This is a unique association for Microsoft in India in the online

video space

Read More

httpsnewsmicrosoftcomen-ineros-now-microsoft-

collaborate-next-generation-online-video-platform

INDIA BULLETIN | Consulate General of India Perth

Defence

Russia plans to set up more than 20 nuclear

power units in India in next 20 years

Russia said that it is planning to set up more

than 20 nuclear power units in India in the next 20 years Prime Minister Narendra Modi visited

Russias Far Eastern city of Vladivostok and gave a joint statement at the 20th Annual Summit

between the two countries along with Russian

President Vladimir Putin by side The two sides exchanged numerous agreements including

military and technical cooperation energy and science LNG Business and LNG supplies and

natural gas in the presence of the two leaders

Read More

httpswwwlivemintcomnewsindiarussia-plans-to-set-

up-above-20-nuclear-power-units-in-india-in-next-20-

years-1567600889899html

India to spend as much as US$130 bn to

modernise military in next 7 years

India has finalized a road map to spend US$ 130 billion in the next five to seven years to

modernise the armed forces and bolster their combat capabilities over rivals in the region

according to an official document and military

sources

Read More

httpswwwibeforgnewsindia-to-spend-as-much-as-

us130-bn-to-modernise-military-in-next-7-years

India to achieve US$ 26 billion defence

industry by 2025 Defence Minister

Defence minister Rajnath Singh has said India

will achieve 26 Billion dollars Defence Industry

by 2025 Defence sector has been identified as one of the most prominent sectors under Make

in India initiative to realize 5 Trillion-dollar Economy by 2024 Investment of 10 billion US

dollar and creation of 23 million employment

opportunities is envisaged

Read More

httpwwwnewsonaircomMain-News-

Detailsaspxid=371717

Logistics

Hyderabad International Airport is worldrsquos

third fastest growing airport Report

The GMR Hyderabad International Airport has been featured as the third fastest growing airport

in the world in terms of passenger growth The Hyderabad Airport has been ranked third and

the second fastest growing airport in the world and India with over 15 Million Passengers Per

Annum

Read More

httpswwwthehindubusinesslinecomeconomylogistics

hyderabad-international-airport-is-worlds-third-fastest-

growing-airport-reportarticle29449734ece

INDIA BULLETIN | Consulate General of India Perth

Space

After Chandrayaan-2 India will send man to

space by December 2021 Isro chief

Isro chairman K Sivan said the country is moving

ahead to meet its target of sending man to space by December 2021 He asserted that though

Isros plan to soft land Chandrayaan-2s Vikram module on the lunar surface did not go as per

script it will have no bearing with on the Gaganyaan mission He said the mission has

achieved 98 per cent of its objectives

Read More

httpswwwlivemintcomsciencenewsindia-s-first-

manned-space-flight-by-december-2021-says-isro-chief-k-

sivan-1569132767491html

ISRO DRDO ink MoUs to provide

technologies for Human Space Mission

The Indian Space Research Organization (ISRO)

joined hands with Defence Research and Development Organization (DRDO) for

development of human-centric systems for the Human Space Mission to demonstrate its human

space flight capabilities ISRO aims to demonstrate human spaceflight capability before

the 75th anniversary of Indias independence in

2022

Read More

httpswwwbusiness-standardcomarticlenews-aniisro-

drdo-ink-mous-to-provide-technologies-for-human-space-

mission-119091701594_1html

Tourism

India ranked 34th on world travel tourism

competitiveness index Report

India has moved up six places to rank 34th on

world travel and tourism competitiveness index driven by rich natural and cultural resources

and strong price competitiveness a WEF report

Read More

httpswwwbusiness-standardcomarticlepti-

storiesindia-moves-up-6-places-to-34th-rank-on-world-

travel-tourism-competitiveness-index-wef-report-

119090400693_1html

Reduction of e-Tourist visa fee

bull A short duration e-visa for tourist with

one-month validity with visa fee of USD 25

has been introduced

bull To encourage off season (April-June)

tourism visa fee of USD 25 would be

reduced to USD10

bull Validity of regular e-visa with fee of USD

80 has been increased from current permissible 1 year to 5 years with multiple

entry

bull Fee for 1-year e-tourist visa has been

reduced from USD 80 to USD 40

Read More

httpsindianvisaonlinegovinevisatvoahtml

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 8: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

Digital Technology Media

Google signs pact with IT ministry for Build

for Digital India

Tech giant Google has signed a statement of

intent with the Ministry of Electronics and IT (MeitY) for rolling out Build for Digital India

programme The programme will offer a platform to engineering students to develop market-ready

technology-based solutions that address key

social problems a release said

Read More

httpswwwmoneycontrolcomnewsbusinesscompanies

google-signs-pact-with-it-ministry-for-build-for-digital-

india-4393121html

Adani Group Reliance Industries to lock

horns for Indias data centres

Mukesh Ambani chairman and managing

director announced a partnership with Microsoft to launch data centres across India In January

the Adani Group committed to developing data

centres in Andhra Pradesh with Rs 70000 crore of investments in digital and energy

infrastructure Adani has made initial moves in businesses like petrochemicals natural gas and

petroleum retailing where RIL is an established player Data centres would be a new segment for

both

Read More

httpswwwibeforgnewsadani-group-reliance-

industries-to-lock-horns-for-indias-data-centres

Amazonrsquos bet on AI brings it big business and

serious competition in India

In a battle to dominate cloud computing services

Amazon Internet Services which provides Amazon Web Services (AWS) technology in India

is taking on rivals Google and Microsoft by wooing customers with its artificial intelligence

(AI) and machine learning (ML) technologies These customers range from top start-ups like

bike sharing firm Yulu hotel network OYO and

tea retailer chain Point to large conglomerates

such as Aditya Birla and Tata Motors

Read More

httpswwwibeforgnewsamazons-bet-on-ai-brings-it-

big-business-and-serious-competition-in-india

Infosys opens 6th innovation centre in US to

hire 1000 workers by 2023

Infosys has opened a technology and innovation centre in Arizona making it the sixth such centre

in the United States (US) The new centre will focus on autonomous technologies Internet of

Things (IoT) full-stack engineering data science

and cyber security

Read More

httpswwwibeforgnewsinfosys-opens-6th-innovation-

centre-in-us-to-hire-1000-workers-by-2023

INDIA BULLETIN | Consulate General of India Perth

Reliance Jio adds 85 million subscribers in

July Airtel gains 25 million users

Reliance Jio added 85 million subscribers in

July according to data from the Telecom

Regulatory Authority of India (Trai) Bharti Airtel reported 25 million subscribers exiting its

network Vodafone Idea had 34 million exits Jiorsquos highest reported monthly addition this year

has been 94 million in March

Read More

httpswwwbusiness-

standardcomarticlecompaniesreliance-jio-adds-8-5-mn-

subscribers-in-july-airtel-gains-2-5-mn-users-

119091801443_1html

Infosys is worlds third Best Regarded

Company

As many as 17 Indian companies including

Infosys TCS and HDFC have been named in the list of Worlds Best Regarded Companies

compiled by Forbes Infosys jumped to the third spot from 31st position in 2018 Indian

companies TCE (22nd position) amp Tata Motors

(31) featured among the top 50 in the coveted list

Read more

httpseconomictimesindiatimescomnewscompanycorp

orate-trendsinfosys-tcs-hdfc-among-17-indian-firms-in-

forbes-best-regarded-

companiesarticleshow71275653cms

Accenture Launches Experience Activation

Network to Power Growth for Worldrsquos Leading

Brands

Acenture has opened a center in Mumbai that

serves as the centerpiece of its new ldquoexperience activation networkrdquo a collection of state-of-the-

art sites worldwide that are dedicated to

powering brand experiences that deliver

marketing-led growth

Read More

httpswwwbusinesswirecomnewshome201909230058

16en

Eros Now announces collaboration with Microsoft to develop next generation online

video platform

Eros Now a South Asian entertainment OTT

(over-the-top) video platform by Eros

International Plc a Global Indian Entertainment Company the ultimate one-stop destination for

the internet generation to consume captivating content today announced a collaboration with

Microsoft to build a next generation online video platform on Microsoft Azure targeted at its

consumers across the globe This is a unique association for Microsoft in India in the online

video space

Read More

httpsnewsmicrosoftcomen-ineros-now-microsoft-

collaborate-next-generation-online-video-platform

INDIA BULLETIN | Consulate General of India Perth

Defence

Russia plans to set up more than 20 nuclear

power units in India in next 20 years

Russia said that it is planning to set up more

than 20 nuclear power units in India in the next 20 years Prime Minister Narendra Modi visited

Russias Far Eastern city of Vladivostok and gave a joint statement at the 20th Annual Summit

between the two countries along with Russian

President Vladimir Putin by side The two sides exchanged numerous agreements including

military and technical cooperation energy and science LNG Business and LNG supplies and

natural gas in the presence of the two leaders

Read More

httpswwwlivemintcomnewsindiarussia-plans-to-set-

up-above-20-nuclear-power-units-in-india-in-next-20-

years-1567600889899html

India to spend as much as US$130 bn to

modernise military in next 7 years

India has finalized a road map to spend US$ 130 billion in the next five to seven years to

modernise the armed forces and bolster their combat capabilities over rivals in the region

according to an official document and military

sources

Read More

httpswwwibeforgnewsindia-to-spend-as-much-as-

us130-bn-to-modernise-military-in-next-7-years

India to achieve US$ 26 billion defence

industry by 2025 Defence Minister

Defence minister Rajnath Singh has said India

will achieve 26 Billion dollars Defence Industry

by 2025 Defence sector has been identified as one of the most prominent sectors under Make

in India initiative to realize 5 Trillion-dollar Economy by 2024 Investment of 10 billion US

dollar and creation of 23 million employment

opportunities is envisaged

Read More

httpwwwnewsonaircomMain-News-

Detailsaspxid=371717

Logistics

Hyderabad International Airport is worldrsquos

third fastest growing airport Report

The GMR Hyderabad International Airport has been featured as the third fastest growing airport

in the world in terms of passenger growth The Hyderabad Airport has been ranked third and

the second fastest growing airport in the world and India with over 15 Million Passengers Per

Annum

Read More

httpswwwthehindubusinesslinecomeconomylogistics

hyderabad-international-airport-is-worlds-third-fastest-

growing-airport-reportarticle29449734ece

INDIA BULLETIN | Consulate General of India Perth

Space

After Chandrayaan-2 India will send man to

space by December 2021 Isro chief

Isro chairman K Sivan said the country is moving

ahead to meet its target of sending man to space by December 2021 He asserted that though

Isros plan to soft land Chandrayaan-2s Vikram module on the lunar surface did not go as per

script it will have no bearing with on the Gaganyaan mission He said the mission has

achieved 98 per cent of its objectives

Read More

httpswwwlivemintcomsciencenewsindia-s-first-

manned-space-flight-by-december-2021-says-isro-chief-k-

sivan-1569132767491html

ISRO DRDO ink MoUs to provide

technologies for Human Space Mission

The Indian Space Research Organization (ISRO)

joined hands with Defence Research and Development Organization (DRDO) for

development of human-centric systems for the Human Space Mission to demonstrate its human

space flight capabilities ISRO aims to demonstrate human spaceflight capability before

the 75th anniversary of Indias independence in

2022

Read More

httpswwwbusiness-standardcomarticlenews-aniisro-

drdo-ink-mous-to-provide-technologies-for-human-space-

mission-119091701594_1html

Tourism

India ranked 34th on world travel tourism

competitiveness index Report

India has moved up six places to rank 34th on

world travel and tourism competitiveness index driven by rich natural and cultural resources

and strong price competitiveness a WEF report

Read More

httpswwwbusiness-standardcomarticlepti-

storiesindia-moves-up-6-places-to-34th-rank-on-world-

travel-tourism-competitiveness-index-wef-report-

119090400693_1html

Reduction of e-Tourist visa fee

bull A short duration e-visa for tourist with

one-month validity with visa fee of USD 25

has been introduced

bull To encourage off season (April-June)

tourism visa fee of USD 25 would be

reduced to USD10

bull Validity of regular e-visa with fee of USD

80 has been increased from current permissible 1 year to 5 years with multiple

entry

bull Fee for 1-year e-tourist visa has been

reduced from USD 80 to USD 40

Read More

httpsindianvisaonlinegovinevisatvoahtml

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 9: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

Reliance Jio adds 85 million subscribers in

July Airtel gains 25 million users

Reliance Jio added 85 million subscribers in

July according to data from the Telecom

Regulatory Authority of India (Trai) Bharti Airtel reported 25 million subscribers exiting its

network Vodafone Idea had 34 million exits Jiorsquos highest reported monthly addition this year

has been 94 million in March

Read More

httpswwwbusiness-

standardcomarticlecompaniesreliance-jio-adds-8-5-mn-

subscribers-in-july-airtel-gains-2-5-mn-users-

119091801443_1html

Infosys is worlds third Best Regarded

Company

As many as 17 Indian companies including

Infosys TCS and HDFC have been named in the list of Worlds Best Regarded Companies

compiled by Forbes Infosys jumped to the third spot from 31st position in 2018 Indian

companies TCE (22nd position) amp Tata Motors

(31) featured among the top 50 in the coveted list

Read more

httpseconomictimesindiatimescomnewscompanycorp

orate-trendsinfosys-tcs-hdfc-among-17-indian-firms-in-

forbes-best-regarded-

companiesarticleshow71275653cms

Accenture Launches Experience Activation

Network to Power Growth for Worldrsquos Leading

Brands

Acenture has opened a center in Mumbai that

serves as the centerpiece of its new ldquoexperience activation networkrdquo a collection of state-of-the-

art sites worldwide that are dedicated to

powering brand experiences that deliver

marketing-led growth

Read More

httpswwwbusinesswirecomnewshome201909230058

16en

Eros Now announces collaboration with Microsoft to develop next generation online

video platform

Eros Now a South Asian entertainment OTT

(over-the-top) video platform by Eros

International Plc a Global Indian Entertainment Company the ultimate one-stop destination for

the internet generation to consume captivating content today announced a collaboration with

Microsoft to build a next generation online video platform on Microsoft Azure targeted at its

consumers across the globe This is a unique association for Microsoft in India in the online

video space

Read More

httpsnewsmicrosoftcomen-ineros-now-microsoft-

collaborate-next-generation-online-video-platform

INDIA BULLETIN | Consulate General of India Perth

Defence

Russia plans to set up more than 20 nuclear

power units in India in next 20 years

Russia said that it is planning to set up more

than 20 nuclear power units in India in the next 20 years Prime Minister Narendra Modi visited

Russias Far Eastern city of Vladivostok and gave a joint statement at the 20th Annual Summit

between the two countries along with Russian

President Vladimir Putin by side The two sides exchanged numerous agreements including

military and technical cooperation energy and science LNG Business and LNG supplies and

natural gas in the presence of the two leaders

Read More

httpswwwlivemintcomnewsindiarussia-plans-to-set-

up-above-20-nuclear-power-units-in-india-in-next-20-

years-1567600889899html

India to spend as much as US$130 bn to

modernise military in next 7 years

India has finalized a road map to spend US$ 130 billion in the next five to seven years to

modernise the armed forces and bolster their combat capabilities over rivals in the region

according to an official document and military

sources

Read More

httpswwwibeforgnewsindia-to-spend-as-much-as-

us130-bn-to-modernise-military-in-next-7-years

India to achieve US$ 26 billion defence

industry by 2025 Defence Minister

Defence minister Rajnath Singh has said India

will achieve 26 Billion dollars Defence Industry

by 2025 Defence sector has been identified as one of the most prominent sectors under Make

in India initiative to realize 5 Trillion-dollar Economy by 2024 Investment of 10 billion US

dollar and creation of 23 million employment

opportunities is envisaged

Read More

httpwwwnewsonaircomMain-News-

Detailsaspxid=371717

Logistics

Hyderabad International Airport is worldrsquos

third fastest growing airport Report

The GMR Hyderabad International Airport has been featured as the third fastest growing airport

in the world in terms of passenger growth The Hyderabad Airport has been ranked third and

the second fastest growing airport in the world and India with over 15 Million Passengers Per

Annum

Read More

httpswwwthehindubusinesslinecomeconomylogistics

hyderabad-international-airport-is-worlds-third-fastest-

growing-airport-reportarticle29449734ece

INDIA BULLETIN | Consulate General of India Perth

Space

After Chandrayaan-2 India will send man to

space by December 2021 Isro chief

Isro chairman K Sivan said the country is moving

ahead to meet its target of sending man to space by December 2021 He asserted that though

Isros plan to soft land Chandrayaan-2s Vikram module on the lunar surface did not go as per

script it will have no bearing with on the Gaganyaan mission He said the mission has

achieved 98 per cent of its objectives

Read More

httpswwwlivemintcomsciencenewsindia-s-first-

manned-space-flight-by-december-2021-says-isro-chief-k-

sivan-1569132767491html

ISRO DRDO ink MoUs to provide

technologies for Human Space Mission

The Indian Space Research Organization (ISRO)

joined hands with Defence Research and Development Organization (DRDO) for

development of human-centric systems for the Human Space Mission to demonstrate its human

space flight capabilities ISRO aims to demonstrate human spaceflight capability before

the 75th anniversary of Indias independence in

2022

Read More

httpswwwbusiness-standardcomarticlenews-aniisro-

drdo-ink-mous-to-provide-technologies-for-human-space-

mission-119091701594_1html

Tourism

India ranked 34th on world travel tourism

competitiveness index Report

India has moved up six places to rank 34th on

world travel and tourism competitiveness index driven by rich natural and cultural resources

and strong price competitiveness a WEF report

Read More

httpswwwbusiness-standardcomarticlepti-

storiesindia-moves-up-6-places-to-34th-rank-on-world-

travel-tourism-competitiveness-index-wef-report-

119090400693_1html

Reduction of e-Tourist visa fee

bull A short duration e-visa for tourist with

one-month validity with visa fee of USD 25

has been introduced

bull To encourage off season (April-June)

tourism visa fee of USD 25 would be

reduced to USD10

bull Validity of regular e-visa with fee of USD

80 has been increased from current permissible 1 year to 5 years with multiple

entry

bull Fee for 1-year e-tourist visa has been

reduced from USD 80 to USD 40

Read More

httpsindianvisaonlinegovinevisatvoahtml

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 10: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

Defence

Russia plans to set up more than 20 nuclear

power units in India in next 20 years

Russia said that it is planning to set up more

than 20 nuclear power units in India in the next 20 years Prime Minister Narendra Modi visited

Russias Far Eastern city of Vladivostok and gave a joint statement at the 20th Annual Summit

between the two countries along with Russian

President Vladimir Putin by side The two sides exchanged numerous agreements including

military and technical cooperation energy and science LNG Business and LNG supplies and

natural gas in the presence of the two leaders

Read More

httpswwwlivemintcomnewsindiarussia-plans-to-set-

up-above-20-nuclear-power-units-in-india-in-next-20-

years-1567600889899html

India to spend as much as US$130 bn to

modernise military in next 7 years

India has finalized a road map to spend US$ 130 billion in the next five to seven years to

modernise the armed forces and bolster their combat capabilities over rivals in the region

according to an official document and military

sources

Read More

httpswwwibeforgnewsindia-to-spend-as-much-as-

us130-bn-to-modernise-military-in-next-7-years

India to achieve US$ 26 billion defence

industry by 2025 Defence Minister

Defence minister Rajnath Singh has said India

will achieve 26 Billion dollars Defence Industry

by 2025 Defence sector has been identified as one of the most prominent sectors under Make

in India initiative to realize 5 Trillion-dollar Economy by 2024 Investment of 10 billion US

dollar and creation of 23 million employment

opportunities is envisaged

Read More

httpwwwnewsonaircomMain-News-

Detailsaspxid=371717

Logistics

Hyderabad International Airport is worldrsquos

third fastest growing airport Report

The GMR Hyderabad International Airport has been featured as the third fastest growing airport

in the world in terms of passenger growth The Hyderabad Airport has been ranked third and

the second fastest growing airport in the world and India with over 15 Million Passengers Per

Annum

Read More

httpswwwthehindubusinesslinecomeconomylogistics

hyderabad-international-airport-is-worlds-third-fastest-

growing-airport-reportarticle29449734ece

INDIA BULLETIN | Consulate General of India Perth

Space

After Chandrayaan-2 India will send man to

space by December 2021 Isro chief

Isro chairman K Sivan said the country is moving

ahead to meet its target of sending man to space by December 2021 He asserted that though

Isros plan to soft land Chandrayaan-2s Vikram module on the lunar surface did not go as per

script it will have no bearing with on the Gaganyaan mission He said the mission has

achieved 98 per cent of its objectives

Read More

httpswwwlivemintcomsciencenewsindia-s-first-

manned-space-flight-by-december-2021-says-isro-chief-k-

sivan-1569132767491html

ISRO DRDO ink MoUs to provide

technologies for Human Space Mission

The Indian Space Research Organization (ISRO)

joined hands with Defence Research and Development Organization (DRDO) for

development of human-centric systems for the Human Space Mission to demonstrate its human

space flight capabilities ISRO aims to demonstrate human spaceflight capability before

the 75th anniversary of Indias independence in

2022

Read More

httpswwwbusiness-standardcomarticlenews-aniisro-

drdo-ink-mous-to-provide-technologies-for-human-space-

mission-119091701594_1html

Tourism

India ranked 34th on world travel tourism

competitiveness index Report

India has moved up six places to rank 34th on

world travel and tourism competitiveness index driven by rich natural and cultural resources

and strong price competitiveness a WEF report

Read More

httpswwwbusiness-standardcomarticlepti-

storiesindia-moves-up-6-places-to-34th-rank-on-world-

travel-tourism-competitiveness-index-wef-report-

119090400693_1html

Reduction of e-Tourist visa fee

bull A short duration e-visa for tourist with

one-month validity with visa fee of USD 25

has been introduced

bull To encourage off season (April-June)

tourism visa fee of USD 25 would be

reduced to USD10

bull Validity of regular e-visa with fee of USD

80 has been increased from current permissible 1 year to 5 years with multiple

entry

bull Fee for 1-year e-tourist visa has been

reduced from USD 80 to USD 40

Read More

httpsindianvisaonlinegovinevisatvoahtml

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 11: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

Space

After Chandrayaan-2 India will send man to

space by December 2021 Isro chief

Isro chairman K Sivan said the country is moving

ahead to meet its target of sending man to space by December 2021 He asserted that though

Isros plan to soft land Chandrayaan-2s Vikram module on the lunar surface did not go as per

script it will have no bearing with on the Gaganyaan mission He said the mission has

achieved 98 per cent of its objectives

Read More

httpswwwlivemintcomsciencenewsindia-s-first-

manned-space-flight-by-december-2021-says-isro-chief-k-

sivan-1569132767491html

ISRO DRDO ink MoUs to provide

technologies for Human Space Mission

The Indian Space Research Organization (ISRO)

joined hands with Defence Research and Development Organization (DRDO) for

development of human-centric systems for the Human Space Mission to demonstrate its human

space flight capabilities ISRO aims to demonstrate human spaceflight capability before

the 75th anniversary of Indias independence in

2022

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httpswwwbusiness-standardcomarticlenews-aniisro-

drdo-ink-mous-to-provide-technologies-for-human-space-

mission-119091701594_1html

Tourism

India ranked 34th on world travel tourism

competitiveness index Report

India has moved up six places to rank 34th on

world travel and tourism competitiveness index driven by rich natural and cultural resources

and strong price competitiveness a WEF report

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httpswwwbusiness-standardcomarticlepti-

storiesindia-moves-up-6-places-to-34th-rank-on-world-

travel-tourism-competitiveness-index-wef-report-

119090400693_1html

Reduction of e-Tourist visa fee

bull A short duration e-visa for tourist with

one-month validity with visa fee of USD 25

has been introduced

bull To encourage off season (April-June)

tourism visa fee of USD 25 would be

reduced to USD10

bull Validity of regular e-visa with fee of USD

80 has been increased from current permissible 1 year to 5 years with multiple

entry

bull Fee for 1-year e-tourist visa has been

reduced from USD 80 to USD 40

Read More

httpsindianvisaonlinegovinevisatvoahtml

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 12: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth

Upcoming Trade Fairs in India 2019 ndash 2020

INDIA BULLETIN | Consulate General of India Perth

Page 13: Consulate General of India Perth INDIA BULLETIN · Hyundai plans to boost digital presence in India to tap new age customers South Korean auto major Hyundai is looking to enhance

INDIA BULLETIN | Consulate General of India Perth